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Poddar Pigments Ltd. — Capital/Financing Update 2024
Dec 3, 2024
61161_rns_2024-12-03_e4bcfd2b-3818-4902-8fe8-01be4515f52d.pdf
Capital/Financing Update
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[rd] December, 2024
BSE Ltd., Phiroze Jeejeebhoy Towers, 25[th ] Floor, Dalal Street, Fort, Mumbai - 400001
National Stock Exchange of India Ltd., Exchange Plaza, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400051
Company Code : 524570
Company Symbol : PODDARMENT
Sub: Intimation of 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 would like to inform you that the Rating Agency i.e. CRISIL Ratings (“CRISIL”) has reviewed the ratings on Bank Facilities of the Company as under:
| Total Bank Loan Facilities Rated | Rs. 38.15 Crore |
|---|---|
| LongTerm Rating | CRISIL A/Stable(Reaffirmed) |
| Short Term Rating | CRISIL A1(Reaffirmed) |
The above ratings have been communicated to the Company through email and received on 2[nd] December, 2024 and are valid till 31[st] March, 2025.
In compliance of Regulation 46 of the Listing Regulations, the information is being hosted on the Company's website at www.poddarpigmentsltd.com.
Please take the same on record.
Thanking you,
Yours faithfully,
For Poddar Pigments Limited
ANIL KUMAR Digitally signed by ANIL KUMAR SHARMA SHARMA Date: 2024.12.03 12:10:30 +05'30' Anil Kumar Sharma Company Secretary FCS No. 9382
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