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Indo Count Industries Ltd Capital/Financing Update 2019
61460_rns_2019-02-21_12b9ec5b-1b8b-4833-9876-783a4905354d.pdf
Capital/Financing Update
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21"February, 2019
| The National Stock Exchange of India Ltd. |
BSELimited |
|---|---|
| Listing Department | Department of Corporate Services |
| Exchange Plaza, | Floor 25, Phiroze Jeejeebhoy Towers, |
| Bandra Kurla Complex,Bandra (East), | Dalal Street, |
| Mumbai - 400 051 | Mumbai - 400 001 |
| Company Symbol: ICll |
Scrip Code No.: 521016 |
Dear Sir/Madam,
Sub: Credit Rating: Intimation under Regulation 30 of SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that on a review of Unaudited Financial Results for the quarter and nine months ended 31st December, 2018 of the Company, ICRA has reviewed the rating of credit facilities of the Company as under:
- a) Reaffirmed rating for the short tetm creditfacilities as Al + (A one plus). The aforesaid credit rating signifies very strong degree of safety regarding timely payment of financial obligations. Such facilities carry lowest credit risk.
- b) Reaffirmed rating for long term creditfacilities as "AA-" (Double A minus)with outlook revised to Negative from Stable. The aforesaid credit rating signifies high degree of safety regarding timely payment of financial obligations.
Kindly take the above information on record.
Thanking you,
Yours faithfully,
For Indo Count Industries Limited
L~~
K. Muralidharan Chief Financial Officer
IND j co I'4TINDUSTRIES ll..lITED
H.ad Office' 301, Arcadia, III Floor, Nariman Point, Mumbai . 400021 M.h.rashtra, India I ,. 912243419500 F 912222823098 Marketing Office; 25, Vardhaman Industrial Complex, Gokul Nagar, Thane (W) _400601 Maharashtra, India T 91 2241511800 r: 91222172 0121 Home Textile Division T3, Kagal'- Hatkanangale Five Star, MIDC Ind. Area, Kolhapur _416216 Maharashtra, India ,..912316627900 F 912316627979 Sp,nning Di. sio,.. 01, MIDC, Gokul Shirgaon, Kohlopur _ 416234 Maharashtra, India'" 912312687400 F 912312672161
Regd. Office; Office No.1, Plot No.266, Village Alte, Kumbhoj Road, Taluka Hatkanangale, Dist. Kolhapur _ 416109 Mahar.shtro, India T912302463100/2461929 CIN l72200PNI988PlC068972I E info(Qlindocount.com h www.indocount.com