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KPIT Technologies Ltd — Capital/Financing Update 2020
Feb 20, 2020
59234_rns_2020-02-20_4cbb4b12-7295-4c42-929a-e9493b455f4d.pdf
Capital/Financing Update
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KP 11·
February 20, 2020
BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001.
Scrip ID: KPITTECH Scrip Code: 542651
Kind Attn: The Manager, Department of Corporate Services
National Stock Exchange of India Ltd., Exchange Plaza, C/1, G Block, Sandra - Kurla Complex, Sandra (E), Mumbai - 400051.
Symbol: KPITTECH Series: EQ
Kind Attn: The Manager, Listing Department
Subect: 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 AA minus) with a Stable outlook and a Short Term rating of "[ICRA] A1+" (pronounced ICRA A1+).
| h dT eetais o feredit ratingasper the ICRA are asf ll0ows: | h dT eetais o feredit ratingasper the ICRA are asf ll0ows: | h dT eetais o feredit ratingasper the ICRA are asf ll0ows: |
|---|---|---|
| Type of CreditTenure of Credit | AmountofCredit | Rating/Outlook |
| External CommercialLong TermBorrowing | USO 7.5 million | [ICRA] AA- |
| Bank FacilitiesLong 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 {Formerly KPIT Engineering Limited} » Nida Deshpande Company Secretary & Compliance Officer
KPIT Technologies Limited (Formerly KPIT Engineering Limited) Registered & Corporate Office: Plot No. 17, Rajiv Gandhi lnfotech Park, MIDC-SEZ, Phase-Ill, Maan, Taluka-Mulshi, Hinjawadi, Pune-411057, India.
0 +91 20 6770 6000 E [email protected] W kpit.com
CIN: L74999PN2018PLC174192