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GMM Pfaudler Ltd. — Capital/Financing Update 2021
Jul 30, 2021
61612_rns_2021-07-30_c2fca75e-f4fc-4bb1-b166-556c72cc93f3.pdf
Capital/Financing Update
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July 30, 2021
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GMM/SEC/2021-22/25
To, BSE Limited Phiroze Jeejeebhoy Towers, 1[st] Floor, Dalal Street, Mumbai – 400 001
NSE Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E) Mumbai – 400 051
Scrip Code: 505255
Symbol: GMMPFAUDLR
Sub.: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) “ ” – Regulations, 2015 ( SEBI Listing Regulations ) Credit Rating
Dear Sir/ Madam,
Pursuant to Regulation 30 of the SEBI Listing Regulations, this is to inform you that ICRA Limited has vide letter dated July 30, 2021, rated the bank facilities/debt instruments of the Company as under:
| Particulars | Rated amount (Rs. in Crore) |
Rating Action |
|---|---|---|
| Long-term Rating | 210 | [ICRA]AA-(Stable);assigned |
| Short-term Rating | 90 | [ICRA]A1+;assigned |
| Total | 300 |
As per their communication letter, this Rating indicates high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk.
Kindly take the same on record.
Thanking you,
Yours faithfully,
For GMM PFAUDLER LIMITED
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Mittal Mehta
Company Secretary & Compliance Officer M. No. F7848
GMM Pfaudler Limited Corporate Office: 902, Lodha Excelus, Commercial Tower 1, New Cuffe Parade, Sewri - Chembur Road, Mumbai-400022. • O: +91 22 6650 3900 Registered Office & Works: Vithal Udyognagar, Anand - Sojitra Road, Karamsad - 388 325 • O: +91 2692 661700 • F: +91 2692 661888 • CIN : L29199GJ1962PLC001171 [email protected] • www.gmmpfaudler.com