Corporate announcements

Sanghvi Forging and Engineering Limited has informed the Exchange regarding Credit Rating.

Butterfly Gandhimathi Appliances Limited has informed the Exchange regarding "CRISIL's ratings on the Company's bank facilities".

Page Industries Limited has informed the Exchange regarding Credit Rating on the bank facilities of the Company.

Lupin Limited has informed the Exchange that ICRA Limited (ICRA) had assigned the rating "ICRA A1+" (pronounced 'ICRA A one Plus') for the Company's Short-term credit facilities of Rs. 13100 million and "ICRA AA+" (pronounced 'ICRA double A Plus') for Long-term credit facilities of Rs. 1900 million. ICRA had also assigned the rating "ICRA AA+" to the Company's Non-Convertible Debenture programme of Rs. 1000 million.

Archidply Industries Limited has informed the Exchange that Brickwork Ratings India Pvt Limited has upgrade Company rating to BBB (outlook stable) from BBB- for long term Bank loan facilities.

JK Paper Limited has informed the Exchange that India Ratings & Research Pvt. Ltd. has affirmed JK Paper Limited's Long Term Issuer Rating at "IND BBB" and removed it from Rating Watch Negative (RWN). The Outlook is Stable.

Andhra Bank has informed the Exchange that M/s. Credit Analysis & Research Limited (M/s CARE Ratings) during the review of ratings of the Subordinated Debt Bonds (VI, VII and VIII Issues - Series F, G and H) and Upper Tier -II Bonds (Series - C) raised by the Bank, vide Rating Letter dated MArch 24, 2015, have upgraded the ratings as under: Subordinated Debt Bonds (VI, VII and VIII Issues - Series F, G and H) from CARE AA (Double A) to CARE AA+ (Double A Plus) which indicates high degree of safety regarding timely servicing of financial obligations and the instruments with this ratings carry v

Tamil Nadu Newsprint & Papers Limited has informed the Exchange that the Company has engaged ICRA and CARE ltd for rating the credit facilities availed from Banks / Institutions.

Prime Focus Limited has informed the Exchange that the India Ratings & Research (Ind-Ra) has changed the Company's Long-Term Issuer and Non-Convertible Debentures rating from 'A-' (Negative Outlook) to 'BBB+' (Stable).

GATI Limited has informed the Exchange that India Ratings & Research (Ind-Ra) has assigned a Long-Term Issuer Rating of "IND A-" (i.e. The Outlook is Stable) The rating assigned will be further leveraged by the Company to optimize interest cost in the coming quarters.

Bharat Electronics Limited has informed the Exchange regarding "ICRA reaffirms highest credit ratings".

Sanghvi Movers Ltd has informed the Exchange that ICRA Limited have upgraded credit rating of the Company for long term loans [ICRA]A+ (pronounced ICRA A plus) from [ICRA] A (pronounced ICRA A) and [ICRA]A1 (pronounced ICRA A one) from [ICRA] A2+ (pronounced ICRA A two plus) for short term loans, The outlook on the long term rating is stable.

SKS Microfinance Limited has informed the Exchange that a leading credit rating agency has assigned a credit rating for Rs.300 core combined Long and Short Debt program of SKS Microfinance (Borrowing Program) and the details of which are given below: (a) The short term debt program has been assigned a credit rating of "A1+'. According to rating agency, Instrument with rating of A1+ are considered to have very strong degree of safety regarding timely payment of financial obligations. Further, such instrument carry lowest credit risk. (b) The long term debt program has been assigned a credit ra

Godrej Properties Limited has informed the Exchange that ICRA Limited has assigned a MAA (pronounced M double A) rating for Fixed Deposit Programme of Godrej Properties Limited, which indicates high-credit-quality rating.

BGR Energy Systems Limited has informed the Exchange that Credit Analysis & Research Limited (CARE) has assigned ratings in respect of the Bank Loan facilities of the Company.

Edelweiss Financial Services Limited has informed the Exchange that CRISIL Limited, vide their letter dated March 19, 2015 has assigned the rating of 'CRISIL A1+' (CRISIL A one Plus) to the proposed issue of Short Term Debt Issue of Rs. 15 billion of the Company.

Edelweiss Financial Services Limited has informed the Exchange that ICRA Limited, vide their letter dated March 19, 2015 has assigned the rating of '[ICRA]A1+' (ICRA A one Plus) to the proposed issue of Commercial Papers of Rs. 1,500 crores of the Company.

Automotive Stampings and Assemblies Limited has informed the Exchange that CRISIL has reaffirmed the Rating at (a) "CRISIL A-" for the Long Term borrowings; and (b) "CRISIL A2+" for Short Term borrowings of the Company. CRISIL has revised its rating outlook on the Long Term borrowings to "Negative" from "Stable".

BGR Energy Systems Limited has informed the Exchange that Credit Analysis & Research Limited ( CARE ) have assigned the ratings in respect of the Bank loan facilities of the Company.

Excel Industries Limited has informed the Exchange regarding Revision in Credit Rating.

Indo Rama Synthetics (India) Limited has informed the Exchange regarding Credit Rating of the Company as assigned by CARE.

Future Retail Limited has informed the Exchange regarding the Revision in Credit Rating by CARE and withdrawal of earlier rating by Fitch.

Future Retail Limited has informed the Exchange regarding the Revision in Credit Rating by CARE and withdrawal of earlier rating by Fitch.

Wheels India Limited has informed the Exchange that the Credit Rating Agency ICRA, has upgraded the long term rating on funded facilities of the Company to [ICRA]A+ (Stable) (pronounced ICRA A plus) from [ICRA]A (Stable) (pronounced ICRA A).

Edelweiss Financial Services Limited has informed the Exchange that Credit Analysis & Research Limited, vide their letter dated March 11, 2015 has assigned the rating of 'CARE A1+' (A One Plus) to the proposed issue of commercial paper of Rs. 6,350 crores of the Company.

Gayatri Projects Limited has informed the Exchange that the Company has received a letter from Brickwork Ratings India Private Limited., communicating that it has downgraded rating of the company's Secured Redeemable Non-Convertible Debentures (NCDs) of Rs. 31.40 Crores NCD issue, from BWR A (Pronounced BWR Single A) to BWR BB- (Pronounced BWR Double B Minus) with Negative Outlook. The original rated amount of the Issue was Rs.100.00 Crores, out of which the company raised only Rs.52.00 Crores. The rating revision has factored the company's reduced revenue as compared to previous periods, work

Noida Toll Bridge Company Limited has informed the Exchange that Credit Analysis & Research Limited (CARE) has, in their annual review, revised the rating for the Company's Deep Discount Bonds (DDBs) from CARE AA- (Double A Minus) to CARE AA (Double A).

Supreme Industries Limited has informed the Exchange that CRISIL has upgraded the Company's Long Term Rating and reaffirmed the Company's Short Term Rating.

Indian Overseas Bank has informed the Exchange regarding Revision in Ratings of Bank by M/s. Moody's Investors Service.

GRP Limited has informed the Exchange that the credit rating agency, CRISIL Limited has revised credit rating of various Bank Loan facilities.

HCL Infosystems Limited has informed the Exchange that India Ratings & Research (Ind-Ra) has revised Company's (HCLI) Long-Term Issuer Rating from 'IND A+' to 'IND A' and removed it from Rating Watch Negative (RWN). The rating 'IND A' denotes Stable Outlook.

Lakshmi Vilas Bank Limited has informed the Exchange that M/s. CARE Ratings has revised the rating for Bank's Tier II Capital of Rs.30 Cr ( Series V ), Rs.250 Cr. ( Series VII ) and Rs. 78.10 Cr (Series VIII) from BBB+ ( Triple B Plus ) to CARE A- (pronounced as Single A Minus) .

Reliance Communications Limited has informed the Exchange that Fitch Ratings ("Fitch") has assigned a Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) of 'BB-' (Stable Outlook) to the Company. Moody's Investors Services ("Moody's"), has assigned a corporate family rating (CFR) of Ba3 (Stable Outlook) to the Company. This is the first time that Fitch and Moody's have assigned ratings to the Company.

Edelweiss Financial Services Limited has informed the Exchange that CRISIL Limited, vide their letter dated March 2, 2015 has assigned the rating of 'CRISIL A1+' (CRISIL A one plus) to the Short term Debt Programme of Rs 73.50 billion (enhanced from Rs 63.50 billion) of the Company.

Zenith Exports Limited has informed the Exchange regarding External Credit Rating Reports.

Tribhovandas Bhimji Zaveri Limited has informed the Exchange that CRISIL has reviewed ratings on the bank facilities of the Company.

Ramkrishna Forgings Limited has informed the Exchange that CRISIL has upgraded the outlook of the Long term ratings from Stable to Positive and that the rating has been retained at BBB+.

APL Apollo Tubes Limited has informed the Exchange that, considering the improvement in overall operational and financial profile of the Company and performance for the 9 months period ended December 31, 2014, ICRA Ratings has upgraded the long-term rating from "[ICRA]A-" (pronounced as ICRA A minus) to "[ICRA]A" (pronounced as ICRA A) and reaffirmed the short-term rating of "[ICRA]A1" (pronounced as ICRA A one) for company's credit facility.

IFB Agro Industries Limited has informed the Exchange that India Ratings and Research (IND-Ra) has upgraded IFB Agro Industries Limited's Long term issuer rating to ' IND A' from 'IND A-'

IFCI Limited has informed the Exchange that based on recent developments including operational and financial performance of IFCI Ltd for the 9 months period ended December 31., 2014, CARE Ratings have revised the rating assigned to debt instruments of IFCI upward from 'CARE A' to 'CARE A+' for long term Bank facilities and long term debt instruments, from 'CARE A1' to 'CARE A1+' for short term bank facilities and Commercial Paper and from 'CARE A-' to 'CARE A' for Subordinate Bonds.

CRISIL Limited has informed the Exchange regarding CRISIL Rating on the Rs. 50 Million Fixed Deposits of Beardsell Limited.

Datamatics Global Services Limited has informed the Exchange that CRISIL, a subsidiary of S&P, has reaffirmed A1+ Short Term Credit Rating for 3rd year in succession on the total bank loan facilities of the Company for the aggregate amount of Rs. 500 Million. The rating A1+ signifies that Company has strong degree of safety regarding its timely payment of financial obligations. This rating reaffirms the financial stability and low risk profile of the Company.

JK Lakshmi Cement Limited has informed the Exchange that based on the consistent good Operating & Financial performance together with strong key financial ratios and a healthy Balance Sheet, Credit Analysis & Research Ltd (CARE) has upgraded the rating for the Company's Long Term Banking facilities as well as the existing and the proposed NCD Issue of Rs. 200 Crore from the earlier assigned rating of AA- (Double A Minus) to AA (Double A). The rating for Short Term Bank Borrowings of Rs. 350 Crore and Commercial Paper Program of Rs. 120 Crore continues to be highest possible rating of CARE A1+

Gayatri Projects Limited has informed the Exchange regarding "Revision in Credit Rating".

Graphite India Limited has informed the Exchange that ICRA Ltd has reaffirmed the rating of the Rs.720 crores Fund Based and Non Fund Based limits availed by the Company at "(ICRA)AA+" (pronounced ICRA double A plus) for the long term and at "(ICRA)At+" (pronounced ICRA A one plus) for the short term. The outlook on the long term rating is Stable.

JMC Projects (India) Limited has informed the Exchange regarding Credit Rating for the Company assigned by M/s. Credit Analysis & Research Limited.

Welspun India Limited has informed the Exchange that the Company has been assigned a Long-Term Issuer Rating of "IND AA-" (Outlook Stable) by India Ratings, a Fitch group company. 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.

Reliance Communications Limited has informed the Exchange that the Credit Analysis & Research Limited (CARE) has reaffirmed the long term facility rating as A- and reaffirmed the short term debt issue rating as A2+. CARE has also assigned A2+ rating for short term non-fund based facilities of the Company.

Andhra Cements Limited has informed the Exchange, vide letter dated February 10, 2015 regarding revised "Credit Rating for bank loan facilities".

Andhra Cements Limited has informed the Exchange, vide letter dated February 10, 2014 regarding "Credit Rating for bank loan facilities".