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INTELLECT DESIGN ARENA LIMITED — Capital/Financing Update 2021
Jul 1, 2021
60975_rns_2021-07-01_c5b7b9a0-6d8b-4130-8683-2a59ba178713.pdf
Capital/Financing Update
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July 01, 2021
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INTELLECT /SEC/2021-22 National Stock Exchange of India Ltd., Exchange Plaza, 5th Floor, Plot No. /1, G Block, Bandra Kurla Complex, Bandra (E), Mumbai – 400051
INTELLECT
BSE Ltd. 538835
1" Floor, New Trade Ring, Rotunda Building, PJ Towers, Dalal Street, Fort, Mumbai - 400 001.
Dear Sirs,
Sub-Intimation of upgradation of credit rating for banking facility
Pursuant to Regulation 30 of SEBI (Listing obligations and Disclosure requirements) Regulations, 2015 we hereby inform you that CRISIL Ratings Ltd has upgraded the ratings on the bank facilities from “CRISIL A-/Stable/CRISIL A2+” to “CRISIL A/Stable /CRISIL A1”.
The details are provided below:
| Total bank loan facilities rated | Rs. 550 Crore |
|---|---|
| Long term rating | CRISILA/Stable(Upgradedfrom“CRISILA-/Stable”) |
| Short term rating | CRISIL A1(Upgraded from “CRISIL A2+”) |
Kindly take the above information on record and confirm compliance.
For Intellect Design Arena Ltd
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V V Naresh Company Secretary and Compliance Officer
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