ENTERTAINMENT NETWORK (INDIA) LTD. - 532700 - Announcement under Regulation 30 (LODR)-Credit Rating
We are pleased to inform you that on March 3, 2023, CRISIL has reaffirmed their credit ratings in respect of the Company's bank facilities and debt instruments. The credit ratings assigned and the amount for which ratings have been assigned are tabulated below: Total Bank Loan Facilities Rated Rs. 100 Crore Long Term Rating CRISIL AA+/Stable (Reaffirmed) Short Term Rating CRISIL A1+ (Reaffirmed) Rs. 50 Crore Non-Convertible Debentures CRISIL AA+/Stable (Reaffirmed) Rs. 300 Crore Commercial Paper CRISIL A1+ (Reaffirmed) The rating rationale issued by CRISIL is attached herewith and can also be accessed at the link: https://www.crisilratings.com/mnt/winshare/Ratings/RatingList/RatingDocs/EntertainmentNetworkIndiaLimited_February%2028,%202023_RR_312431.html03-03-2023