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KPIT Technologies Ltd — Capital/Financing Update 2022
Mar 4, 2022
59234_rns_2022-03-04_09d6d70f-3c6d-4574-aa8f-9adb4c443d43.pdf
Capital/Financing Update
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March 04, 2022
BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001.
National Stock Exchange of India Ltd., Exchange Plaza, C/1, G Block, Bandra - Kurla Complex, Bandra (E), Mumbai – 400051.
Scrip ID: KPITTECH Symbol: KPITTECH Scrip Code: 542651 Series: EQ Kind Attn: The Manager, Kind Attn: The Manager, Department of Corporate Services Listing Department
Subject: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Credit Rating
Dear Sir / Madam,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that ICRA Limited (ICRA) has assigned KPIT Technologies Limited's Long-Term Rating to “[ICRA] AA” (pronounced ICRA Double A) with a Stable outlook and a Short Term rating of “[ICRA] A1+” (pronounced ICRA A1+).
The details of credit rating as per the ICRA are as follows:
| Type of CreditBank FacilitiesBank Facilities | Tenure of Credit | AmountofCredit | Rating/Outlook |
|---|---|---|---|
| LongTerm | USD 7.5 Million | [ICRA]AA | |
| Long Term/ShortTerm | INR 265 Crores | [ICRA] A1+ |
Request you to please take the same on your records and further dissemination.
Thanking you.
Yours faithfully,
For KPIT Technologies Limited
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Nida Deshpande
Company Secretary & Compliance Officer
KPIT Technologies Limited
O +91 20 6770 6000 E [email protected] W kpit.com
Registered & Corporate Office: Plot No.17, Rajiv Gandhi Infotech Park, MIDC-SEZ, Phase-III, Maan, Taluka-Mulshi, Hinjawadi, Pune-411057, India.
CIN: L74999PN2018PLC174192