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Cera Sanitaryware Ltd. — Capital/Financing Update 2023
Jul 14, 2023
62120_rns_2023-07-14_6931fc2d-e8b2-482f-9cf5-79f21aac8507.pdf
Capital/Financing Update
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CSL/2023-24/118 14[th] July, 2023
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To, To, BSE Limited National Stock Exchange of India Limited Corporate Relationship Department Exchange Plaza 1[st] Floor, New Trading Ring Bandra Kurla Complex Rotunda Building, P J Towers Bandra (East) Dalal Street, Fort, Mumbai – 400001. Mumbai – 400051. Scrip Code :532443 Scrip ID: CERA Scrip Code: CERA
Dear Sir/Madam,
RE: CRISIL Rating to the Bank Facilities and Commercial Papers
With reference to the Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that today, i.e. on 14[th] July 2023, we have received Credit Rating from CRISIL Ratings Limited, for Bank Facilities and Commercial Paper of Cera Sanitaryware Limited. The summary of Credit Rating is as per below:
- 1 Total Bank Loan Facilities Rated of Rs.100 Crores
Long Term Rating - CRISIL AA/Stable (Upgraded From ‘CRISIL AA-/Positive’) Short Term Rating - CRISIL A1+ (Reaffirmed)
- 2 Review of CRISIL Rating on the Rs. 30.00 Crores Commercial Paper- CRISIL A1+ (Reaffirmed)
We hope you will find the above in order.
Thanking you,
For Cera Sanitaryware Limited
HEMAL JANARDAN SADIWALA Digitally signed by HEMAL JANARDAN SADIWALA DN: c=IN, o=Personal, title=1769, pseudonym=1330138917160425167M7u3VjyWA1Zui, 2.5.4.20=6b4ec8e524e33f51a85e90684a283fb7298733d00b4cadaec4b37a8a54114225, postalCode=380008, st=Gujarat, serialNumber=f2fe036f7fce318ced974ed8837dfa1e1c2da169e5861098ce6b05679d5c9f6e, cn=HEMAL JANARDAN SADIWALA Date: 2023.07.14 15:05:28 +05'30' Hemal Sadiwala Company Secretary
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