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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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