Corporate announcements

Indian Hume Pipe Company Limited has informed the Exchange that that the Company has obtained credit rating from Credit Analysis & Research Ltd., (CARE Ratings) in respect of long term and short term bank facilities.

Skipper Limited has informed the Exchange that based on the performance of the Company, Care Ratings has revised ratings of the Company.

Ahluwalia Contracts (India) Limited has informed the Exchange regarding "ICRA Rating Updates".

Mcleod Russel India Limited has informed the Exchange that after having reviewed the various ratings, the Rating Committee of ICRA Ltd, after due consideration, has re-affirmed the long term rating in respect of the borrowings of the Company at [ICRA]AA+. The Rating Committee of ICRA has also re-affirmed the Short Term Rating of the borrowings of the Company at [ICRA]A1+.

Shoppers Stop Limited has informed the Exchange that pursuant to provisions of clause 36 of the Listing Agreement, the credit ratings received from Credit Analysis & Research Limited (CARE Ratings) CARE A(Single A) for the long term bank facilities amounting to Rs. 682 crore and CARE A1 (A one) for the short term bank facilities amounting to Rs. 21.50 crore.CARE A1( A One) for Commercial Paper Issue/Short Term debt issue amounting to Rs.100 crore.CARE A(single A) for Non-Convertible Debenture Issue amounting to Rs.100 crore.

Bajaj Electricals Limited has informed the Exchange that the Company has received on August 20, 2015 a letter dated August 11, 2015 from ICRA Limited ('Rating Agency') communicating that it has reaffirmed the rating of Company's Non-Convertible Debenture (NCD) programme at [ICRA] A (pronounced ICRA A) and the outlook on the long-term rating has been revised from Negative ro Stable.

Minda Industries Limited has informed the Exchange that ICRA Limited, Credit Rating Agency has upgraded the Credit Rating of Minda Industries Limited to A+ for Long Term and A1+ for Short Term facilities, as per their letter dated August 17, 2015.

Greenply Industries Limited has informed the Exchange that India Ratings and Research (Fitch Group) has assigned long and short terms credit rating(s) to the Company.

Zensar Technologies Limited has informed the Exchange that ICRA Limited ("ICRA") vide its letter dated August 14, 2015 has upgraded the Long-Term rating assigned to the Company from (ICRA) AA to (ICRA) AA+, outlook - Stable and re-affirmed the Short-Term rating of the Company at (ICRA) A1+.

Bank Of India has submitted to the Exchange a copy of Credit Rating report of Brickswork Rating.

Gabriel India Limited has informed the Exchange vide letter dated August 12, 2015 that CRISIL has upgraded the credit ratings of the long-term Bank facilities, short-term bank facilities, Fixed deposits and Commercial Paper of Gabriel India Limited (GIL).

Hindalco Industries Limited has informed the Exchange that CRISIL has downgraded Long-Term rating of the Company's bank facilities and Non Convertible Debentures from AA / Negative to AA-/ Stable.

Alok Industries Limited has informed the Exchange that the company has decided to hold the rating in abeyance till normalcy in operations is restored and the account with all banks becomes standard.

Mohit Industries Limited has informed the Exchange that CRISIL has assigned the long term rating of CRISIL BBB-Stable for bank facilities of Rs. 1.0355 Billion.The outlook on the long-term rating is Stable. Company's Long term Credit rating has been upgraded to CRISIL BBB- /Stable from CARE BB+/Stable.

Insecticides (India) Limited has informed the Exchange that the CRISIL Limited has reaffirmed Bank Loan Ratings to the company's bank facilities for Long-term Rating (Fund Based as Cash Credit/Term Loan/Overdraft and Working Capital Facility) - CRISIL A/Negative and Short-term Rating (Non-fund Based as Letter of Credit/Buyer's Credit)- CRISIL A2+.

Jamna Auto Industries Limited has informed the Exchange that ICRA has further upgraded ratings of Company for line of credit on long term scale from [ICRA] A (pronounced ICRA A) to [ICRA] A+ (pronounced ICRA A plus). Outlook on the long-term rating is stable. The Committee has also upgraded ratings of the Company for line of credit on short term scale from [ICRA] A1 (pronounced ICRA A one) to [ICRA] A1+ (pronounced ICRA A one plus).

PI Industries Limited has informed the Exchange regarding "Update on Credit Rating".

GP Petroleums Limited has informed the Exchange regarding CRISIL Rating on the Bank Facilities of the Company.

Camlin Fine Sciences Limited has informed the Exchange regarding ratings received from India Ratings and Research Pvt. Ltd.

JK Tyre & Industries Limited has informed the Exchange that India Ratings & Research (A Fitch Group Company) has assigned improved Long Term Debt Rating for the Company from 'IND A+ to 'IND AA-'.

Mukand Engineers Limited has informed the Exchange that M/s. Brickwork Ratings India Private Limited has given Rating of 'BWR FBB-' (Pronounced as BWR F Double B Minus) for Fixed Deposit of Rs. 8.61 Crore outstanding as on June 30, 2015 and Proposed Fixed Deposit of Rs. 0.49 Crore (Fund Based Facility) of the Company vide letter dated July 1, 2015.

Minda Corporation Limited has informed the Exchange w.r.t to the earlier announcement dated July 22, 2015 regarding the upgradation in credit rating of the Company from existing A- to A.The Company has clarified that the rating has been upgraded by one notch by CRISIL to CRISIL A/ Stable/ CRISIL A1 from CRISIL A-/ Stable/ CRISIL A2+.

Jaiprakash Associates Limited has informed the Exchange that the Rating Committee of Credit Analysis & Research Limited (CARE) has revised the ratings of Company's Bank Loan Facilities and NCDs. The copy of rationale is attached. However, the Company has made suitable representation to the Rating Agency for a review of the same.

Flexituff International Limited has informed the Exchange regarding Bank Loan Rating.

Raymond Limited has informed the Exchange that the Credit Analysis & Research Ltd., vide their letter dated July 21, 2015 has improved their CARE RATINGS from "CARE AA-" to "CARE AA" assigned for the Non-Convertible Debentures (NCD's) , Series (A, C, D, E & F) issued by the Company.

Minda Corporation Limited has informed the Exchange that the credit rating of the Company has been upgraded by multiple notches and multiple categories by CRISIL. The rating has been upgraded from existing A- to A.

Dwarikesh Sugar Industries Limited has informed the Exchange that pursuant to Clause 36 of the Listing Agreement, Company has informed the Exchange that ICRA Limited, vide its letter dated July 21, 2015 has upgraded the rating from [ICRA]B+ (pronounced as ICRA B plus) to [ICRA]BB (pronounced as ICRA Double B) for long term loans/ Fund Based / Non Fund based facilities of Rs. 599.99 Crs.

Vaibhav Global Limited has informed the Exchange that credit rating for the short term bank facilities, have been upgraded by one notch from CARE A3+ (A Three Plus) to CARE A2 (A Two) which denotes adequate degree of safety. As the entire long term debts have been repaid, hence, the rating for the same has been withdrawn.

Thomas Cook (India) Limited has informed the Exchange regarding a Credit Rating.

Sobha Limited has informed the Exchange regarding "ICRA Credit Rating for the proposed Issue of Non-Convertible Debentures".

Rupa & Company Limited has informed the Exchange that CRISIL has updated the ratings on the Bank facilities of the Company as below:Total Bank Loan Facilities rated : Rs. 3.45 BillionLong Term rating : CRISIL A+/Stable(Reaffirmed)Short-term rating : CRISIL A1+(upgraded from CRISIL A1)The above ratings will remain valid till August 18, 2016.

IG Petrochemicals Limited has informed the Exchange that the credit ratings of the Company have been upgraded by India Ratings & Research.

Poly Medicure Limited has informed the Exchange that CRISIL has reviewed the Credit rating of the Company and has Re-affirmed, the ratings on the bank facilities of the Company as under: - Long-Term Rating : CRISIL A+/ Stable (Re-affirmed)- Short Term Rating : CRISIL A1 (Re-affirmed).

Corporation Bank has informed the Exchange that CARE has reviewed the credit ratings of the Bank's Bonds and has reaffirmed its credit ratings of the Bank's Bonds as follows:Lower Tier II Bonds- Rs.500(Amount in Crores)- CARE AA+ (Double A Plus)-ReaffirmedUpper Tier II Bonds- Rs.2850(Amount in crores) - CARE AA(Double A)- ReaffirmedPerpetual Bonds Rs.737.50(Amount in crores)- CARE AA(Double A)-Reaffirmed

Kitex Garments Limited has informed the Exchange that they have been informed by ICRA Ltd, the credit rating agency, that they have upgraded their long tern rating from ICRA A plus to ICRA AA minus and that of short term rating from ICRA A one to ICRA A one Plus with a comment that the outlook on the long term rating is stable.

Orient Cement Limited has informed the Exchange regarding Credit Rating.

BSL Limited has informed the Exchange that Brickwork Ratings India Private Limited has assigned credit rating of the Company for Long Term Loans BWR BBB+ (pronounced as BWR Triple B Plus) and for Short Term Loans BWR A3+ (pronounced as BWR A Three Plus). The outlook on the long term rating is Stable.

JK Paper Limited has informed the Exchange that India Ratings & Research Pvt. Ltd., a Fitch Group Company, has upgraded JK Paper Limited s Long-Term Issuer Rating to ''IND BBB+'' from ''IND BBB'' . The Outlook is Positive.

KEI Industries Limited has informed the Exchange regarding Credit Rating of Long Term & Short Term Bank Facilities and Medium Term Instrument (Fixed Deposits).

SKS Microfinance Limited has informed the Exchange that the Company issued Commercial Papers of an aggregate amount of Rs.100 crore on July 6, 2015, which has been rated 'A1+' by a leading rating agency.Instruments with the aforesaid rating are considered to have a very strong degree of safety regarding timely payment of financial obligations. Such instruments carry the lowest credit risk.The aggregate Commercial Paper outstanding as on date is Rs. 375 crore

Sanghvi Movers Limited has informed the Exchange that ICRA Limited have reaffirmed credit rating of the Company for long term loans [ICRA]A+ (pronounced ICRA A plus) and [ICRA]A1 (pronounced ICRA A one) for short term loans.

Welspun India Limited has informed the Exchange that Company's credit rating of "CARE A+" in respect of long term bank facilities has been revised to "CARE AA-", by Credit Analysis & Research Limited. Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk Also, the Company's credit rating of "CARE A1" in respect of short term bank facilities has been revised to "CARE A1+", by Credit Analysis & Research Limited. Instruments with this rating are considered to have adequate degree

Idea Cellular Limited has informed the Exchange regarding "Revision in Credit Rating".

Shriram Transport Finance Company Limited has informed the Exchange regarding "Revision in Rating".

Religare Enterprises Limited has informed the Exchange that India Ratings & Research Private Limited (Fitch Group) & ICRA Limited have assigned to the Company "IND A1+" & "[ICRA] A1+" Credit Ratings respectively for the Short Term Debt Facility/Commercial Papers.

Cholamandalam Investment and Finance Company Limited has informed the Exchange that CRISIL Limited vide its letter dated June 22, 2015 has upgraded the rating for the long-term debt instruments of the Company to 'CRISIL AA/Stable' from 'CRISIL AA-/Positive'. The outlook on the above debt instruments denotes high degree of safety regarding timely servicing of financial obligations and such instruments carry very low credit risk.

Emami Limited has informed the Exchange regarding Rating on the issued Commercial Papers (CPs) aggregating to Rs. 950 crores by the Company.

Speciality Restaurants Limited has informed the Exchange that ICRA Limited (ICRA) has assigned a long term rating of (ICRA)A+ with a stable outlook and a short-term rating of (ICRA)A1 to the Rs. 100 crore Line of Credit on Long-term/short-term, fund based/non- fund based facilities .

Ramkrishna Forgings Limited has informed the Exchange that the Rating Committee of ICRA after due consideration has revised upwards the long term rating from [ICRA] BBB+ (pronounced ICRA triple B plus) to [ICRA]A- (pronounced ICRA A minus) and the short term rating from (ICRA]A2 (pronounced ICRA A two) to (ICRA] A2+ (pronounced ICRA A two plus).The outlook for the long term rating is Stable.

Entertainment Network (India) Limited has informed the Exchange that Crisil has assigned credit ratings to the debt instruments and bank facilities.