V-MART RETAIL LTD. - 534976 - Announcement under Regulation 30 (LODR)-Credit Rating
we wish to inform you that the Investment Information and Credit Rating Agency of India Limited (ICRA) has reaffirmed the earlier Bank facilities credit rating of the Company, mentioned here-under: Facility Existing Rating Reaffirmed Rating Long term bank limits [ICRA] AA- (ICRA double A minus) (with stable outlook) [ICRA] AA- (ICRA double A minus) (with stable outlook) Short term bank limits ICRA Al + (ICRA A one plus) ICRA Al + (ICRA A one plus) ICRA has assigned a long term credit rating of (ICRA) AA - (pronounced ICRA double A minus) to the additional limit of Rs. 25 crore with stable long term outlook on account of enhancement of Line of Credit from Rs.125 crore to Rs.150 crore. A copy of the letter received from ICRA in this regard is attached herewith for reference.03-03-2020