BEML LTD. - 500048 - Announcement under Regulation 30 (LODR)-Credit Rating
Intimation regarding withdrawal of Credit Ratings by ICRA. We wish to inform that based on the request of Company, ICRA Limited ("ICRA") has withdrawn its rating assigned to Bank Facilities, Commercial Paper (CP) and Non-Convertible Debenture (NCD) of BEML Limited, w.e.f. 15.09.2022. Further to inform that BEML has obtained an alternative credit rating from CARE Ratings Ltd for which the intimation has already been to stock exchanges vide our letter dated 29.03.2022. Copy of the letter withdrawing the ratings along with details of credit rating is enclosed herewith for kind information.16-09-2022