DebentureTrustee

The Company has allotted 600 Rated, Taxable Secured, Guaranteed, Listed Redeemable Non- Convertible Debentures of the Face Value of Rs.10,00,000 each ( Rupees Ten Lakhs Only) for a total size of Rs 60 crores (Rupees Sixty Crores Only) in the form of Separately Transferable Redeemable Principal Parts (“STRPPs”) and structured in form of two different series of Rs. 30 crore (Thirty crore only) each on a Private Placement basis.

As per the Information memorandum 300 debentures were redeemed on November 14, 2017, subsequently the remaining 300 debentures were redeemed on April 13, 2018. The Company has no outstanding debenture as on date

CARE vide its letter CARE/CRO/RL/2017-18/1508 dated January 4,2018 has reaffirmed the credit rating of CARE AA +(SO);Stable [Double A Plus(Structured Obligation; Outlook :Stable )]in respect of the Company’s outstanding Non-Convertible Debentures.

-CARE vide its letter CARE/CRO/RL/2016-17/1376 dated December 1,2016 upgraded the credit rating in respect of the Company’s outstanding Non-Convertible Debentures to CARE AA +(SO);Stable [Double A Plus(Structured Obligation; Outlook :Stable )]

CARE vide its letter CARE/CRO/RR/2015-16/1240, dated 21st December,2015 has upgraded the credit rating of the Non- Convertible Debentures to CARE AA (SO) (Double A) (Structured Obligation).

-On Allotment CARE vide its letter CARE/CRO/RL/2014-1S/1034, dated November 14,, 2014rated the Debentures a CAREAA- (SO)' [Double A Minus(Structured Obligation)]

Debenture Trustee Information
IDBI Trusteeship Services Limited
Asian Building, Ground Floor, 17, R KamaniMarg, Ballard Estate, Mumbai 400001
Phone no - +91 22 4080 7018 | Mob: 9821682007
www.idbitrustee.com
Contact Person: Anjalee Athalye

NCD'S Notice

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Revision in Credit Rating

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