Action Construction Equipment Ltd - 532762 - Announcement under Regulation 30 (LODR)-Credit Rating
Pursuant to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. We wish to inform that ICRA Limited has assigned a long-term rating of [ICRA]AA- (pronounced ICRA double A minus) with a stable outlook and a short-term rating of [ICRA]A1+ (pronounced ICRA A one plus) to the Rs. 295.00-crore bank facilities of the Company. Copy of credit rating letter received from ICRA Limited is also enclosed for your reference.31-12-2018