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PSP Projects Limited — Capital/Financing Update 2025
Feb 13, 2025
61476_rns_2025-02-13_b15ad16f-544b-4153-b8bd-715f544a7931.pdf
Capital/Financing Update
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Ref No: PSPPROJECT/SE/92/24-25
February 13, 2025
Corporate Relations Department BSE Limited Floor 25, P.J. Towers, Dalal Street, Mumbai- 400 001 Scrip code: 540544
Listing Department National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051 Scrip Symbol: PSPPROJECT
Dear Sir/Madam,
Sub: Intimation of reaffirmation/assignment of Credit Rating
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that CARE Rating Limited has assigned/ reaffirmed Company’s Credit Rating for its Long term and Short Term Bank facilities based on the recent developments including operational and financial performance of the Company as under:
| Facilities | Amount (Rs. in Crore) | Ratings | RatingAction |
|---|---|---|---|
| Long Term Bank Facilities | 158.00(Reduced from 208.00) | CARE A+; Stable | Reaffirmed |
| Long Term/Short TermBank Facilities | 1,300.00 | CARE A+; Stable /CARE A1+ | Reaffirmed |
| Short Term Bank Facilities | 50.00 | CARE A1+ | Assigned |
| Short Term Bank Facilities | 42.00 | CARE A1+ | Reaffirmed |
| Total Bank Facilities | 1,550.00 | ||
| (Rupees One Thousand Five | |||
| Hundred Fifty Crore only) |
Kindly take the same on your record.
Thanking You,
Yours faithfully,
For PSP Projects Limited
PATEL Digitally signed by PATEL KENAN KENAN SURESHBHAI SURESHBHAI Date: 2025.02.13 14:53:09 +05'30'
Kenan Patel
Company Secretary and Compliance Officer
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