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Beardsell Limited Capital/Financing Update 2022
61560_rns_2022-05-02_b2e01869-ca1b-4531-a9a8-25f36e073b4c.pdf
Capital/Financing Update
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Regd. Office: 47, Greams Road, CHENNAI - 600 006. (INDIA) : 2829 32 96, 2829 09 00 Tel GSTIN : 33AAACB1429P2ZP CIN No. : L65991TN1936PLC001428 E-mail : [email protected] Website: www.beardsell.co.in
2nd May 2022
To,
National Stock Exchange of India Ltd. Exchange Plaza, 5th Floor Plot No.C/1, G Block Bandra Kurla Complex, Bandra (E) Mumbai - 400051 Scrip: BEARDSELL
The BSE Limited Corporate Relationship Department Phiroz Jeejheebhoy Towers Dallal Street, Mumbai - 400001 Scrip: 539447
Dear Madam / Sir,
Subject: Credit Rating by CRISIL
Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, this is to inform that ICRA Limited (ICRA) has assigned the credit ratings on the limits of bank facilities availed by the Company, which are as under:
| Details of Bank Limits Rated by ICRA Amount (Rs. crore) Rating | Lender | ||
|---|---|---|---|
| (Rated on Long-term Scale) | |||
| Long Term Loan | $3.35$ [ICRA]BB | Bank of India | |
| Cash Credit Limits | $16.35$ (Stable) | ||
| Working Capital Term Loan | 3.10 | ||
| Working Capital Demand Loan | 1.52 | ||
| Total | 24.32 |
| Details of Bank Limits Rated by ICRA Amount (Rs. crore) Rating | Lender | ||
|---|---|---|---|
| (Rated on Short-term Scale) | |||
| Letter of Credit | $(12.00)$ [ICRA] A4 | Bank of India | |
| Bank Guarantees | 20.00 | ||
| Tota | 20.00. |
The Rating letter provided by ICRA is available on the website of the Company at www.beardsell.co.in
We request you to kindly take the above on record.
Thanking you,
Yours faithfully, For BEARDSELL LIMITED
KANHU CHARAN SAHU Company Secretary
