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PCBL Chemical Limited — Capital/Financing Update 2023
Aug 18, 2023
61786_rns_2023-08-18_19b2b124-1481-4e86-bbf0-2ea33ccf5530.pdf
Capital/Financing Update
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18[th] August, 2023
The Manager, Listing Department, National Stock Exchange of India Ltd, Exchange Plaza, Plot No. – C – 1, G Block, Bandra – Kurla Complex, Bandra (East), Mumbai – 400051 NSE Code :- PCBL
The General Manager, Department of Corporate Services, BSE Ltd., 1[st] Floor, New Trading Ring, Rotunda Building, P.J. Towers, Dalal Street, Fort, Mumbai – 400001 BSE Code :- 506590
Dear Sir,
Sub:- Credit Rating received from CARE Ratings for bank facilities of PCBL(TN) Limited, a wholly owned material subsidiary of PCBL Limited
We refer to the letter received from CARE Ratings bearing Reference No. CARE/KRO/RL/2023-24/1187 dated 18[th] August, 2023 with regard to the Credit Rating received by PCBL (TN) Limited, our wholly owned material subsidiary of PCBL Limited on the captioned subject. The Rating Committee of CARE, after due consideration, has assigned the following ratings for the bank facilities of PCBL (TN) Limited:
| Facilities | Amount (Rs. crore) | Rating | Rating Action |
|---|---|---|---|
| Long Term Bank Facilities |
600.00 | CARE AA-; Stable (Double A minus; Outlook: Stable) |
Assigned |
| Short Term Bank Facilities |
800.00 | CARE A1+ (A One Plus) |
Assigned |
| Total Facilities | 1,400.00 (Rs. One Thousand Four Hundred Only) |
We request you to please take the afore-mentioned information in record and oblige.
Thanking you,
Yours faithfully,
For PCBL LIMITED
KAUSHIK Digitally signed by KAUSHIK MUKHERJEE MUKHERJEE Date: 2023.08.18 19:32:30 +05'30' K. Mukherjee
Company Secretary & Chief Legal Office
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