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Xpro India Ltd. — Capital/Financing Update 2024
Oct 15, 2024
61362_rns_2024-10-15_9ff2eb7f-f552-4c0b-a673-63d5f817d2e8.pdf
Capital/Financing Update
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Xpro India Limited
Birla Building (2[nd] Floor) 9/1 R.N. Mukherjee Road Kolkata 700 001, India. +91 (033) 4082 3700/2220 0600 ; [email protected]
roindia xp
October 15, 2024
National Stock Exchange of India Ltd. “Exchange Plaza”, Bandra-Kurla Complex, Bandra (E), Mumbai 400 051
BSE Limited Corporate Relationship Department 1[st] Floor, New Trading Ring Rotunda Building, P J Towers Dalal Street, Fort, Mumbai 400 001
Stock Symbol: XPROINDIA(EQ)
Stock Code No.: 590013
Dear Sir/Madam,
Sub: Credit Rating
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please be informed that India Ratings and Research Pvt. Ltd. has upgraded the Company’s Short-Term Rating to ‘IND A1’ (with Stable Outlook) and affirmed the Long-term rating with ‘IND A-’ (with Stable Outlook). The instrument-wise rating actions are as follows:
| **Instrument Type ** | Size of Issue (million) | Rating/Outlook | Rating Action |
|---|---|---|---|
| Fund-based working capitallimits | INR 380.8 | IND A-/Stable/IND A1 | Long-term rating affirmed;Short-term ratingUpgraded |
| Non-fund-basedworkingcapital limits | INR480.3(reduced from INR490) | IND A1 | Upgraded |
| Term loan | INR 153.1 | IND A-/Stable | Affirmed |
| Term loan | INR 41.9 | IND A-/Stable | Assigned |
| Proposed term loan | INR 243.9 | IND A-/Stable | Assigned |
The above is for your information and record.
Thanking you,
Yours faithfully, For Xpro India Limited
KAMAL Digitally signed by KAMAL KISHOR KISHOR SEWODA SEWODA Date: 2024.10.15 10:46:29 +05'30' Kamal Kishor Sewoda Company Secretary
Registered Office : Barjora-Mejia Road, P.O. Ghutgoria, Tehsil : Barjora, Distt : Bankura, West Bengal 722 202. Tel : +91 (9775) 301 701; email : [email protected]; website : www.xproindia.com CIN : L25209WB1997PLC085972