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Zen Technologies Ltd. Capital/Financing Update 2019
60795_rns_2019-06-21_7b05ed7d-697c-48fb-ac54-51f98a2bb5db.pdf
Capital/Financing Update
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To BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001
Through: BSE Listing Centre Through: NEAPS
Dear Sir/Madam,
Sub: Intimation of revision in Credit Rating for bank facilities
Ref: Symbol: ZENTEC; Security Code: 533339
Pursuant to Regulation 30 read with Schedule Ill of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that CARE Ratings Limited has reviewed the ratings assigned for bank facilities of the Company vide their letter dated 21 June 2019 as follows:
| Facilities | Amount(Rs. crore) | Ratings | Rating Action |
|---|---|---|---|
| ILong-termShortTerm Bank Facilities | 72.00 | CAREBBB;StableCARE A3+(Triple B; Outlook: StableIA Tltree Plus) | I Revised from CARE BBB-;Stable I CARE A3(TnjJle B Minus: Outlook:Stable IA Three) |
| LongTermBankFacilities | 50.00 | CARE BBB; Stable(TripleOutlook:B·'Stable) | Revised from CARE BBB-;Stable(Tripi e B Minus; OutlookStable) |
| ShortTermBankFacilitiesTotal Facilities | I 5.00137.00 | CARE A3+(A Three Plus) | Revised from CARE A3(A Three) |
We request you to take the aforesaid revision in Credit Ratings on record.
Works : Plot 36, Hardware Park, Near Shamshabad International Airport. Hyderabad - 501 510. Telangana, India
TuV Q • :1N:1
EM OOZ
Certified ISO 9001 :2015. ISO 27001 :2013. ISO 14001 :2015 Regd. Office : B-42, Industrial Estate. Sanathnagar Hyderabad - 500 018, Telangana, India Phone: +914023813281. 23811205, 23811206 Fax No: +914023813694, 23814894 Email: [email protected] Website: www.zen.in Corporate Identity Number: L72200TG1993PLC015939
ZEN TECHNOLOGIES LIMITED
Date: 21 June 2019
To National Stock Exchange of India Ltd., Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051