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Indo Count Industries Ltd Capital/Financing Update 2020
61460_rns_2020-12-11_7564c526-2641-4d47-8cc2-ec5ea79ed319.pdf
Capital/Financing Update
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December 11, 2020
| The National Stock Exchange of India Ltd. | SSELimited | |
|---|---|---|
| Listing Department | Department of Corporate Services | |
| Exchange Plaza, | Floor 25, Phiroze Jeejeebhoy Towers, | |
| Sandra Kurla Complex, Sandra (East), | Dalal Street, | |
| Mumbai - 400 051 Company Symbol: IOL |
Mumba; - 400001 | |
| Scrip Code No.: 521016 |
Dear Sir/Madam,
Sub: Reaffirmation of Credit Rating by ICBA Ratings
Pursuant to Regulation 30 of the SESI(Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to intimate that, ICBA Ratings (-Rating Agency, vide its intimation / press release dated December 11, 2020 has reaffirmed the credit rating for the Company's bank facilities as under:
- a) For the short term bank facilities -ICBA A1 (A one)". The said credit rating signifies very strong degree of safety regarding timely servicing of financial obligations. Such facilities carry lowest credit risk.
- b) For long term bank facilities -ICBA A+; Stable- (Single A Plus; Outlook: Stable). The said credit rating signifies adequate degree of safety regarding timely servicing of financial obligations. Such facilities carry low credit risk.
Kindly take the above information on record.
Thanking you,
Yours faithfully,
For Indo Count Industries Limited
~
Amruta Avasare Company Secretary & Compliance Officer
Indo Count Industries Ltd
Head Off~ 301.Arcadia 3rd Floor. Nariman Poml Mumbai - 400 021. Maharaslltra, Ind"';~ 022 43419500,1=.022 2282 3098 Mal'l<.cltngOffice Dos;, mpena, 2nd floor Manpada. GhodDunder Road. Thane (w) - 400 607. Maharashtra. India:T 022 4151 1800, F 02221720121 HOI"">Texble DivISIOn T3, Kagal- Halllanangale Five Star, MIDC Ind. Area Kolhapur - 416216, Maharashtra. Ind",: T: 0231 6627900, F. 0231 6627979 Spinning D,VISIOn: 01. MIDC. Gokul Shirgaon, Kolhapur - 416234, Maharashtra, India, T 0231 268 7400, F' 0231 2672161 Reg<! ONIC8 Office No.1, Plot No, 266, Village A1te,Kumbhoj Road,Taluka Hatkanangale. Dlsl Kolhapur - 416109. Maharashtra, India; T 0230 2463100 12461929 CIN L72200PNl988PLC068972,E mfo@indocounlcom, W www.lndocounlcom