Visaka Industries Ltd. — Capital/Financing Update 2021

Jan 5, 2021

CIN: L52520TG1981PLC003072

CORP OFF: "VISAKA TOWER", 1-8-303/69/3, S.P. ROAD, SECUNDERABAD - 500 003. TEL: +91-40-2781 3833, 2781 3835, www.visaka.co E-mail: vil@visaka.in

Ref: VIL/SEC/ST.EX/RATINGS/2020-21/55

Date: 05.01.2021

National Stock Exchange of India Limited,	Bombay Stock Exchange Limited,
Exchange Plaza, 5 th Floor,	The Senior General Manager,
Plot No. C/1G Block, Bandra Kurla Complex, Listing Compliances, Floor 25, P. J. Towers,
Bandra (East), Mumbai - 400 051	Dalal Street, Mumbai - 400 001
Scrip Code - VISAKAIND	Scrip Code - 509055

Sub: CARE Rating - Intimation

Dear Sir/s,

To

With reference to above, we wish to inform that credit rating agency "CARE Ratings" has reviewed various credit facilities of the company and reaffirmed the ratings as follows:

SI.No.	Facilities		Rating	Remarks
	Long term Bank Facilities		CARE AA-; Stable	Reaffirmed
			[Double A Minus; Outlook: Stable]
	Shortterm	Bank	CARE A1+	Reaffirmed
	Facilities		(A One Plus)
3	Fixed Deposit		CARE AA- (FD); Stable	Reaffirmed
			[Double A Minus (Fixed Deposit);
			Outlook: Stable]

This is for your information and records please.

Thanking you,

Yours faithfully,

VISAKA INDUSTRIES LIMITED for

I SRINIVAS Vice President (Corporate Affairs) & Company Secretary

Regd. Office & Factory	: A.C. Division I, Survey No. 315, Yelumala Village, R.C. Puram Mandal, Sanga Reddy District, T.S, Pin 502 300.
Factory: A.C. Division II	: Survey No. 170/1, Manikantham Village, Paramathi-Velur Taluq, Namakkal District, Tamil Nadu, Pin 637 207.
Factory: A.C. Division III	: GAT.No.70/3A & 70/3A/3 & 70/1B &70/1C, Sahajpur Industrial Area, Nandur (V), Daund (Tq), Pune, Maharashtra, Pin 412 020.
Factory: A.C. Division IV	: Plot No.11, 12,18 To 21 & 30, Changsole Mouza, Bankibundh G.P. No. 4, Salboni Midnapur West, W.B, Pin 721 147.
Factory: A.C. Division V	: Survey No. 90/2A 90/2B 27/1, G.Nagenhalli Village, Kempannadodderi Post, Kestur Road, Kora Hobli, Tumkur Dist, Karnataka, Pin 572 138.
Factory: A.C. Division VI	: Village & Post, Kannawan, PS Bachrawan, Tehsil Maharajgunj, Dist Raebareli, U.P, Pin 229 301.
Factory: A.C. Division VII	: Survey No. 385, 386, Jujjuru (V), Near Kanchikacharla, Veerulapadu (M), Krishna Dist, A.P, Pin 521 181.
Factory: A.C. Division VIII	: Plot No. 1994 (P) 2006, Khata No. 450, Chaka No. 727, Paramanpur (V), P.S. Sason, Tehsil Maneswar, Sambalpur Dist, Odisha, Pin 768 200.
Factory: Textile Division	: Survey No. 179 & 180, Chiruva Village, Mouda Taluk, Nagpur District, Maharashtra, Pin 441 104.
Factory: V-Boards Division I	: Gajalapuram Village, Kukkadam Post, Vemulapaly Mandal, Adjacent to Kukkadam Railway Station, Nalgonda Dist, T.S, Pin 508 207.
	Factory : V-Boards Division II : GAT No : 248 & 261 to 269, Delwadi Village, Daund Taluq, Pune Dist, Maharashtra, Pin 412 214.
	Factory : V-Boards Division III : Mustil Nos. 106, 107 & 115, Jhaswa Village, P.S. & Tehsil Salawas, Jhajjar, Haryana, Pin 124 146.