Rajratan Global Wire Ltd — Capital/Financing Update 2021

Oct 22, 2021

RGWL/21-22/

22nd October, 2021

To	To
BSE Limited	National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers	'Exchange Plaza', C-1, Block G,
Dalal Street	Bandra Kurla Complex,
Mumbai 400001	Bandra (E), Mumbai – 400 051
Scrip Code – 517522	Symbol - RAJRATAN

Subject: Credit Rating update (CRISIL) - Disclosure under Regulation 30 SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015

Dear Sir,

Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, we wish to intimate you that CRISIL Limited, has assigned rating to bank facilities of the Company as follows -

Total Bank Facilities Rated	Rs. 236 Crores
Long Term Rating	CRISIL A+ / Stable (Assigned)
Short Term Rating	CRISIL A1 (Assigned)

Letter received from CRISIL Limited is attached herewith.

You are requested to take above information on your record.

Thanking You

Yours Faithfully For RAJRATAN GLOBAL WIRE LTD.

Shubham Jain Company Secretary & Compliance Officer

Ratings

CONFIDENTIAL

RISIL An S&P Global Company

RL/RRGWLTD/279969/BLR/1021/19900 October 21, 2021

Mr. Sunil Chordia Managing Director Rajratan Global Wire Limited Rajratan House, 11/2 Meera Path Dhenu Market, South Tukoganj Indore - 452003 9826022622

Dear Mr. Sunil Chordia,

Re: Assignment of CRISIL Ratings to the bank facilities of Rajratan Global Wire Limited

All ratings assigned by CRISIL Ratings are kept under continuous surveillance and review.

Please find in the table below the ratings outstanding for the debt instruments/facilities of the company, and the rating actions by CRISIL Ratings on the ratings as on date.

Total Bank Loan Facilities Rated	Rs.236 Crore
Long Term Rating	CRISIL A+/Stable (Assigned)
Short Term Rating	CRISIL A1 (Assigned)
$(D_{\text{out}})$ $\omega_{\text{out}}$ $\omega_{\text{out}}$ $\omega_{\text{out}}$ $\omega_{\text{out}}$ $\omega_{\text{out}}$ $\omega_{\text{out}}$ $\omega$

(Bank-wise details as per Annexure 1)

As per our Rating Agreement, CRISIL Ratings would disseminate the ratings, along with the outlook, through its publications and other media, and keep the ratings, along with the outlook, under surveillance over the life of the instrument/facility. CRISIL Ratings reserves the right to withdraw, or revise the ratings, along with the outlook, at any time, on the basis of new information, or unavailability of information, or other circumstances which CRISIL Ratings believes may have an impact on the ratings.

In the event of the company not availing the proposed facilities within a period of 180 days from the date of this letter, a fresh letter of revalidation from CRISIL Ratings will be necessary.

This letter will remain valid till December 04, 2022. After this date, please insist for a new rating letter (dated later than December 04, 2022). Please visit www.crisil.com to confirm that the rating continues to be under surveillance and the rating is still valid.

Should you require any clarification, please feel free to get in touch with us.

With warm regards,

Yours sincerely,

Springumdor

Shirish A Mujumdar Associate Director - CRISIL Ratings

Nivedita Shibu Associate Director - CRISIL Ratings

Disclalmer: A rating by CRISIL Ratings reflects CRISIL Ratings' current opinion on the likelihood of timely payment of the obligations under the rated instrument, and does not constitute an audit of the rated entity by CRISIL Ratings. Our ratings are based on information provided by the issuer or obtained by CRISIL Ratings from sources it considers reliable. CRISIL Ratings does not guarantee the completeness or accuracy of the information on which the rating is based. A rating by CRISIL Ratings is not a recommendation to buy / sell or hold the rated instrument; it does not comment on the market price or suitability for a particular investor. CHISIL Ratings has a practice of keeping all its ratings under surveillance and ratings are revised as and when circumstances so warrant. CRISIL Ratings is not responsible for any errors and especially states that it has no financial liability whatsoever to the subscribers / users / transmitters / distributors of its ratings. CRISIL Ratings' criteria are available without charge to the public on the web site, www.crisil.com. CRISIL Ratings or its associates may have other commercial transactions with the company/entity. For the latest rating information on any instrument of any company rated by CRISIL Ratings, please contact Customer Service Helpdesk at CRISILratingdesk@crisil.com or at 1800-267-1301

CRISIL Ratings Limited

(A subsidiary of CRISIL Limited) Corporate Identity Number: U67100MH2019PLC326247

Ratings

S.No.	Bank Facility	Bank	Amount (Rs. in Crore)	Outstanding Rating
	Cash Credit	State Bank of India	45.25	CRISIL A+/Stable
$\mathfrak{D}$	Cash Credit	Citibank N. A.	10	CRISIL A+/Stable
3	Cash Credit	HDFC Bank Limited	30	CRISIL A+/Stable
4	Cash Credit	ICICI Bank Limited	5	CRISIL A+/Stable
5	Letter of Credit	HDFC Bank Limited	25	CRISIL A1
6	Letter of Credit	ICICI Bank Limited	45	CRISIL A1
	Proposed Long Term Bank Loan Facility	$-$	2.54	CRISIL A+/Stable
8	Standby Line of Credit	Citibank N. A.	15	CRISIL A1
9	Term Loan	State Bank of India	12.05	CRISIL A+/Stable
10	Term Loan	HDFC Bank Limited	46.16	CRISIL A+/Stable
	Total		236

Annexure 1 - Bank-wise details of various facility classes (outstanding facilities)

Disclaimer: A rating by CRISIL Ratings reflects CRISIL Ratings' current opinion on the likelihood of timely payment of the obligations under the rated instrument, and does not constitute an audit of the rated entity by CRISIL Ratings. Our ratings are based on information provided by the issuer or obtained by CRISIL Ratings from sources it considers reliable. CRISIL Ratings does not guarantee the completeness or accuracy of the information on which the rating is based. A rating by CRISIL Ratings is not a recommendation to buy / sell or hold the rated instrument; it does not comment on the market price or suitability for a particular investor. CHISIL Ratings has a practice of keeping all its ratings under surveillance and ratings are revised as and when circumstances so warrant. CRISIL Ratings is not responsible for any errors and especially states that it has no financial liability whatsoever to the subscribers / users / transmitters / distributors of its ratings. CRISIL Ratings' criteria are available without charge to the public on the web site, www.crisil.com. CRISIL Ratings or its associates may have other commercial transactions with the company/entity. For the latest rating information on any instrument of any company rated by CRISIL Ratings, please contact Customer Service Helpdesk at CRISILratingdesk@crisil.com or at 1800-267-1301.

CRISIL Ratings Limited

(A subsidiary of CRISIL Limited) Corporate Identity Number: U67100MH2019PLC326247