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Onward Technologies Ltd. — Capital/Financing Update 2021
Aug 26, 2021
60726_rns_2021-08-26_a0723c6b-4fc1-4310-b6bd-605ee5909f68.pdf
Capital/Financing Update
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Date: August 26, 2021
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To,
| BSE Ltd.P. J. Towers, Dalal Street,Mumbai - 400 001 | National Stock Exchange of India Ltd.‘Exchange Plaza’, C-1, Block GBandra Kurla ComplexBandra(E),Mumbai 400 051 |
|---|
Ref: Scrip Code: BSE: 517536 NSE: ONWARDTEC
Dear Sir/ Madam,
Sub: Intimation under regulation 30 of the Securities Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015- Credit Rating.
Pursuant to Regulation 30 of the Securities Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that ICRA Limited (“Credit Rating Agency”) has rated the bank facilities of Onward Technologies Limited (“the Company”) as under:
| BankerName | Facilities | Type | Amount(in Crore) | Rating and Outlook |
|---|---|---|---|---|
| HSBC Bank | Working Capital Facilities | (Long term/Short term) | 5.0 | [ICRA]BBB-(Positive)/ICRA]A3 |
| ICICI Bank | Working Capital Facilities | (Long term/Short term) | 5.0 | [ICRA]BBB-(Positive)/ICRA]A3 |
| Total | 10.00 |
Kindly take this on record.
Thanking You
Yours Faithfully,
For Onward Technologies Limited
DIMPLE Digitally signed by DIMPLE CHAUHAN CHAUHAN Date: 2021.08.26 16:08:53 +05'30' Dimple Chauhan Company Secretary
Regd. address. : 2nd floor, Sterling Centre, Dr. A.B. Road, Worli, Mumbai 400018. Tel: +91 22 24926570 CIN: L28920MH1991PLC062542 | email: [email protected] | website : www.onwardgroup.com
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