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Nelcast Limited Capital/Financing Update 2019
60521_rns_2019-12-05_d8ed59a1-e8eb-4f3e-abc9-eed134d5f9d3.pdf
Capital/Financing Update
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5" December 2019
Listing Operations Listing Department, Phiroze Jeejeebhoy Towers, Exchange Plaza, Mumbai - 400 001 Mumbai - 400 051 Maharashtra, India Maharashtra, India BSE Script Code: 532864 NSE Script Code: NELCAST
BSE Limited National Stock Exchange of India Limited Dalai Street, Bandra Kurla Complex, Bandra (E),
Dear Sir/Madam
Sub: Intimation of Credit Rating
Under Requlation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Requlations, 2015
Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Company has received the Credit Rating from ICRA today. The details of ratings are given below.
Long Term fund based Limits — Rs. 160.00 Cr —[ICRAJA+ (Negative) Re-affirmed and outlook revised from Stable Short Term fund based Limits ~—Rs. 20.00 Cr — [ICRAJA1 revised from [ICRAJA1+ Short Term Non-fund based Limits —-Rs. 9.00 Cr — [ICRAJA1 revised from [ICRA]JA1+ Short Term fund based sub-limits- Rs. 50.00 Cr — [ICRAJA1 revised from [ICRAJA1+ Commercial Paper Programme — Rs. 30.00 Cr—-[ICRAJA1 revised from [ICRA]A1+ Proposed Long-term/Short Term — Rs. 11.00 Cr—[ICRAJA+ (Negative) —Re-affirmed Fund based Limits and outlook revised from Stable [ICRAJA1 revised from [ICRA]A1+
This for your information and necessary action please.
Thanking you.
For NELCAST, Ltd N
(S.K.SIVAKUMAR) Company Secretary
159, TT K ROAD, ALWARPET, CHENNAI - 600 078. INDIA Tel.:+91-44-2498 3111/2498 4111 Fax : 91-44-24982111 e-mail:[email protected]; web: www.nelcast. com CIN : L27109AP1982PLC003518
— : ACCREDITED (pa Be DAKkS MANAGMENT SYSTEMS SS ( CERTIFICATION SODY 1$0 9002 : 2015 * OHSAS 18001 : 2007
IATF 16949: 2016 ISO 14001: 2015 « (50 50001: 2011
Regd. Off.: 34, Industrial Estate, Gudur-524 101 (A.P.) Tel.: 251266 / 251766 Fax:08624-252066 Ponneri works :Madhavaram Village, Amur P.O, Ponneri-601 204 .T.N Tel.: 27974165/27973532, Fax: 27973620 Pedapariya Works : 259/261,Pedapariya Village, Ozili Madai, Nellore Dist - 524402. (A.P.)