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GRP Limited — Capital/Financing Update 2023
Apr 14, 2023
60365_rns_2023-04-14_f7d0216c-0fef-4dc4-ad32-645ea7afcf94.pdf
Capital/Financing Update
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14.04.2023
To To BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex Dalal Street, Bandra (E), Mumbai - 400 001. Mumbai - 400 051. Scrip code : 509152 Symbol : GRPLTD – Series: EQ
Dear Sir/Madam,
Sub : Intimation pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding credit rating by CRISIL.
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), please note that CRISIL Ratings (“CRISIL”) has reaffirmed its ratings on bank facilities of the Company. In this regard, please find below the rating action by CRISIL on the ratings as on date:
| Total Bank loan facilities rated | Rs.135.46 Crore |
|---|---|
| Long-Term Rating | CRISIL BBB+/ Stable (Reaffirmed) |
| Short-Term Rating | CRISIL A2 (Reaffirmed) |
Please note that there is no revision in the credit rating of the Company.
Thanking you,
Yours sincerely, For GRP Limited
JYOTI Digitally signed by JYOTI SANCHETI SANCHETI Date: 2023.04.14 16:23:04 +05'30'
Jyoti Sancheti
Company Secretary & Compliance Officer
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