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Khadim India Limited — Capital/Financing Update 2021
Dec 23, 2021
62359_rns_2021-12-23_e4cb79c9-2189-4b07-b8fa-b94a9c5ab14b.pdf
Capital/Financing Update
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December 23, 2021
The Manager The Manager The Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Limited P. J. Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai - 400 001 Bandra (East), Mumbai - 400 051 Scrip Code - 540775 Symbol - KHADIM
Dear Sir / Madam,
Ref: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
('Listing Regulations')
Sub: Credit Rating
Pursuant to the provisions of Regulation 30 of the Listing Regulations, we would like to inform you that CRISIL Ratings Limited has re-affirmed its ratings with respect to Bank Borrowings of the Company for an aggregate amount of ₹ 210.55 Crore as under:
| Sl. No. |
Facility | Amount (₹ in Crore) |
Rating | Rating Action |
|---|---|---|---|---|
| 1. | Long Term Loan, Standby Line of Credit, Working Capital Demand Loan and Cash Credit including proposed Cash Credit |
179.05 | Long Term Rating |
CRISIL BBB- / Positive (Outlook revised from ‘Stable’; rating re-affirmed) |
| 2. | Letter of Credit & Bank Guarantee | 31.5 | Short Term Rating |
CRISIL A3(re-affirmed) |
Please take note of the same.
Thanking you,
Yours faithfully,
For Khadim India Limited
Digitally signed by ABHIJIT ABHIJIT DAN DAN Date: 2021.12.23 12:00:05 +05'30'
Company Secretary & Head - Legal Membership No.: A21358
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