Corporate announcements

Orient Cement Limited has informed the Exchange that Credit Analysis & Research Limited has reaffirmed rating to instruments of Company.

Star Paper Mills Limited has informed the Exchange that CARE ratings has reviewed the ratings and reaffirmed 'CARE BB+' for long term bank facilities of Rs. 19 Crores & 'CARE A4+-' for short term bank facilities of Rs. 10 Crores.

Sadbhav Infrastructure Project Limited has informed the Exchange that Credit Analysis & Research Ltd. (CARE Ratings) has assigned CARE A+ (SO) [Single A plus (Structured Obligation)] for Non-Convertible Debentures (NCDs) of Rs. 300/- crores (Rupees Three Hundred Crores Only) to the company.

Edelweiss Financial Services Limited has informed the Exchange that CRISIL Limited has assigned the rating of CRISIL A1+ (CRISIL A one plus) to the proposed Short Term Debt Issue of Rs. 30 billion of the Company.

Insecticides (India) Limited has informed the Exchange regarding the Credit Rating for Bank Loan Facilities.

Meghmani Organics Limited has informed the Exchange that Meghmani Finechem Limited (MFL) is a material subsidiary of Meghmani Organics Limited (MOL). Meghmani Finechem Limited has been assigned Long Term Rating CRISIL A / Positive (Outlook Revised from Stable and Rating Reaffirmed) for its total bank facility of Rs. 1890 Million by CRISIL Limited (Rating Agency) vide its letter dated August 17, 2016. The Company has received the letter on September 20, 2016.

Allahabad Bank has informed the Exchange that India Ratings and Research - Pvt. Ltd. (India Ratings) have assigned IND AA: Stable Outlook rating to Bank's proposed Basel - III compliant Tier 2 Bonds aggregating to 1000.00 crore.

Mahindra & Mahindra Limited has informed the Exchange regarding India Ratings Assigns Mahindra & Mahindra s Proposed INR4.75bn NCD Provisional IND AAA and INR7bn CP IND A1+.

Central Bank of India has informed the Exchange regarding Revision in Credit Rating.

NCC Limited has informed the Exchange regarding of Revision of Credit Rating.

Central Bank of India has informed the Exchange regarding Revision in Credit Rating.

Astral Poly Technik Limited has informed the Exchange regarding Revision in Credit Rating.

AYM Syntex Limited has informed the Exchange about Reaffirmation of CARE rating and upgradation of India Ratings and Research Pvt Ltd rating.

Sadbhav Infrastructure Project Limited has informed the Exchange that the ratings have been reaffirmed by Credit Analysis & Research Ltd. (CARE Ratings).

GHCL Limited has informed the Exchange regarding "GHCL's Credit Rating Upgradation ".

Lakshmi Vilas Bank Limited has informed the Exchange that the Credit Rating Agency, M/s. Credit Analysis and Research Limited (CARE) vide letter dated 25.08.2016 has reaffirmed the rating of CARE A- (Single A Minus) assigned to our Unsecured Redeemable Non-Convertible Subordinated Lower Tier II Bonds - Series VII (Option A & B), VIII & IX of Rs. 250.00 Crores, Rs. 78.10 crores and Rs. 140.10 crores respectively.

Nahar Industrial Enterprises Limited has informed the Exchange regarding "REVISION IN CREDIT RATING FOR RS. 1471 CRORE LINE OF CREDIT".

Jindal Saw Limited has informed the Exchange regarding Disclosure of Credit rating for Bank Facilities, Non-Convertible Debenture and Commercial Paper Issue- Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

PNC Infratech Limited has informed the Exchange regarding revision in ratings.

Global Offshore Services Limited has informed the Exchange regarding Credit Rating for Bank Facility.

Akzo Nobel India Limited has informed the Exchange regarding "Surrender of CRISIL A1+ rating on Rs 500 million short term debt (including Commercial Paper)".

Avanti Feeds Limited has informed the Exchange regarding revision in credit rating

Allahabad Bank has informed the Exchange regarding Updates on Assignment/Review of Credit Rating to Bank's proposed/ Outstanding Basel-III compliant Tier 2 Bonds and Basel-II compliant Perpetual Tier 1, Upper Tier 2 and Lower Tier 2 Bonds.

Xpro India Limited has informed the Exchange that as a routine course of business, Brickwork Ratings India Pvt. Ltd. have assigned the credit ratings to Xpro's bank loans for Fund-based Limits (INR 160.61 Crores) (Long Term) and Non-fund-based limits (INR 37.00 Crores)(Short Term).

Parsvnath Developers Limited has informed the Exchange that It is hereby informed that CRISIL has assigned the rating "CRISIL- BB(SO)/Stable" for the Rs. 2 Billion Non-Convertible Debentures proposed to be issued by Parsvnath Landmark Developers Private Limited, a subsidiary company.

Indraprastha Gas Limited has informed the Exchange that ICRA Limited has reaffirmed the long term rating at [ICRA] AAA (pronounced ICRA triple A) and the short term rating at [ICRA]A1+(pronounced ICRA A one plus) for the limit of Rs. 3600 crores.

Srikalahasthi Pipes Limited has informed the Exchange that the company's Rating for the long term borrowing programmes upto Rs.200 Crores has been rated as ''IVR AA/ Stable Outlook (pronounced IVR double A with Stable Outlook)'' by the credit rating agency M/s.Infomerics Valuation and Rating Pvt. Ltd.

Camlin Fine Sciences Limited has informed the Exchange regarding Ratings letter received from India Ratings and Research Pvt. Ltd.(Fitch Group)

Nilkamal Limited has informed the Exchange regarding Revision in Ratings

Tata Chemicals Limited has informed the Exchange that CRISIL has assigned its 'CRISIL A 1+' rating to its Rs. 100 crores short-term debt programme (including commercial paper). Please also note that the CRISIL has withdrawn its earlier rating 'CRISIL A1+' rating assigned to Company's Rs. 100 crores short-term debt programme, as there is no amount outstanding against the said instrument.

Trent Limited has informed the Exchange that Credit Analysis & Research Limited (CARE) has upgraded / reaffirmed the credit ratings as attached for the Company's Non- Convertible Debentures (NCDs), Long Term Bank Facilities and Short Term Bank Facilities.

Eros International Media Limited has informed the Exchange regarding ratings assigned by CARE.

AYM Syntex Limited has informed the Exchange regarding the CARE rating reaffirmed:1. Long term Bank Facilities2. Short term Bank Facilities

Remsons Industries Limited has informed the Exchange that the Rating Committee of ICRA, after due consideration, has revised the rating of Line of Credit (LOC) of the Company for Rs. 22.20 Crore as under: A. Long Term Rating at (ICRA) BBB- (pronounced ICRA triple B minus from (ICRA) BBB (pronounced ICRA triple B) ). Outlook for the long term rating is Stable . B. Short Term Rating at (ICRA) A3 (pronounced ICRA A three) from (ICRA) A3+ (pronounced ICRA A three plus). The aforesaid ratings are valid till July 31, 2017.

Bharat Heavy Electricals Limited has informed the Exchange that as part of review of rating, a communication has been received from India Ratings & Research informing that BHEL's Long Term Rating for Bank Loan Facilities has been revised to IND AA+/Negative (Downgraded from IND AAA /Stable). However, the Short Term Rating has been affirmed at IND A1+

Hinduja Ventures Limited has informed the Exchange regarding Rating of the Bank Loan Facilities of the Company.

Damodar Industries Limited has informed the Exchange regarding Updation of Credit Rating assigned to Company.

IIFL Holdings Limited has informed the Exchange that CRISIL has upgraded its rating for the Wholly owned subsidiary of the Company namely India Infoline Finance Ltd and step down subsidiary i.e. India Infoline Housing Finance Limited from 'CRISIL AA- /Stable' to 'CRISIL AA/Stable'.

Equitas Holdings Limited has informed the Exchange that Credit Analysis and Research Limited (CARE) has updated their rating for the following debt programme of the Subsidiary Company, equitas Finance Limited.

Simplex Infrastructures Limited has informed the Exchange regarding ratings reaffirmed by Credit Analysis & Research Ltd (CARE) on its annual surveillance of the credit facilities of the Company.

Kothari Sugars And Chemicals Limited has informed the Exchange regarding ICRA Assigns Credit Rating for Rs. 81.50 Crores Line of Credit (LOC).

Equitas Holdings Limited has informed the Exchange regarding India Ratings and Research Private Limited has provided rating on debt programme of subsidiary, Equitas Finance Limited.

Veto Switchgears And Cables Limited has informed the Exchange that ICRA has reaffirmed the long term rating of BBB+ assigned to earlier line of credit and also assigned long term rating of BBB+ to additional Limit. The outlook of Long term rating is "Stable".

Cox & Kings Limited has informed the Exchange that Credit Analysis & Research Ltd (CARE), the Rating Agency, has reaffirmed and enhanced the Commercial Paper issue carved out of sanctioned working capital limit of the Company from the existing Rs. 965 Crores to Rs. 1040 Crores. The Rating has been reaffirmed as CARE Al+ (A One Plus). Instruments with this rating indicate very strong capacity for timely payment of financial obligations and carry lowest credit risk. CARE has also reaffirmed and enhanced the long term bank facilities of the Company from existing Rs.1089 Crores to Rs. 1164 Crores.

Mold-Tek Packaging Limited has informed the Exchange regarding Intimation of Revision in Credit Rating.

Sadbhav Engineering Limited has informed the Exchange regarding Reaffirmation of Credit Rating.

Pratibha Industries Limited has informed the Exchange regarding Credit Analysis & Research Ltd (CARE) has downgraded the ratings.

Melstar Information Technologies Limited has informed the Exchange that CARE has reviewed the rating for bank facilities

Edelweiss Financial Services Limited has informed the Exchange that ICRA Limited has assigned the rating of [ICRA]A1+ (ICRA A one plus) to the proposed Short Term Debt Programme of Rs. 2,500 Crores of the Company.

Union Bank of India has informed the Exchange that the Bank intends to raise capital funds through issuance of Basel III compliant Tier 2 bonds. In this regard, Crisil Ratings has assigned Crisil AAA/Negative to the Bank s proposed Basel III compliant Tier 2 bonds of Rs.750 crore.