Corporate announcements

Indian Overseas Bank has informed the Exchange that The International Credit Rating Agency, M/s. Moody s Investors Service, has revised its rating on Bank, vide its communication dated November 26, 2014.

Sadbhav Engineering Limited has informed the Exchange regarding Credit Rating for proposed issue of Non-Convertible Debenture upto Rs. 120 crores.

Havells India Limited has informed the Exchange regarding Revision in Credit Rating of FD Programme in the annual surveillance by ICRA.

Jaiprakash Associates Limited has informed the Exchange that on the basis of a review of the operational & financial performance of Company for FY 14 & H1FY 15 and after taking into consideration the representation made by Company, the Rating Committee of Credit Analysis & Research Limited (CARE) has reviewed Company's ratings.

Raj Rayon Industries Limited has informed the Exchange that India Ratings & Research Private Limited ( a Fitch group company) has upgraded the Company's External Ratings.

Bafna Pharmaceuticals Limited has informed the Exchange that CRISIL has upgraded the Company's rating as CRISIL BB-/stable (Upgraded from CRISIL D) for Long Term rating & CRISIL A4+ (Upgraded from CRISIL D) for Short term Rating in respect of Total bank facilities.

Atul Limited has informed the Exchange regarding Credit Rating & Research Ltd (CARE).(1) has revised rating from 'CARE AA' [Double A] to 'CARE AA+' [Double A Plus] assigned to the long-term facilities (borrowings for more than one year) of the company. (ii) has reaffirmed the rating 'CARE A1+' [A One Plus] to the short term facilities (borrowings up to one year) of the company.(iii) has reaffirmed the rating 'CARE A1+' [A One Plus] to the Commercial Paper(CP) issue.

Indian Overseas Bank has informed the Exchange regarding Revision in Credit Rating.

Orbit Exports Limited has informed the Exchange that ICRA Credit Rating has upgraded the Long Term Credit Rating to ICRA A (Stable) and Short Term Credit Rating to ICRA A1.

Birla Ericsson Optical Limited has informed the Exchange regarding the revision in Credit Rating.

Omaxe Limited has informed the Exchange regarding Credit rating.

Vindhya Telelinks Limited has informed the Exchange that the Credit Analysis & Research Limited has assigned an upward revision in the credit rating of the Company.

PI Industries Limited has informed the Exchange regarding the rating confirmations issued by CRISIL in respect of bank loan facilities availed by the Company from various lenders.

Edelweiss Financial Services Limited has informed the Exchange that ICRA Limited, vide their letter dated November 10, 2014, has assigned the rating of "[ICRA] AA' (pronounced as ICRA double A) to the proposed issue of Non-Convertible Debentures of Rs. 500 crores of the Company.

The Ramco Cements Limited has informed the Exchange that the Company ratings have been revised by Company rating agency,ICRA.

Deepak Nitrite Limited has informed the Exchange that ICRA Limited has re-affirmed the long-term rating of [ICRA] A+ (pronounced ICRA A plus) and Short Term rating of [ICRA] A1+ (pronounced ICRA A one plus) assigned to the fund based limits and non-fund based limits of the Company. ICRA has also re-affirmed the short-term rating of [ICRA] A1+ assigned to the Commercial Paper programme of the Company.

OCL India Limited has informed the Exchange that during the annual review of all its ratings, upgraded the credit rating for Rs.60 Crore Non Convertible Debenture Programme of the Company from (ICRA) AA- (pronounced as ICRA double A minus) to (ICRA) AA (pronounced as ICRA double A).

JK Paper Limited has informed the Exchange that India Ratings & Research Pvt. Ltd. has assigned the rating of IND tA- on October 27, 2014 to the term deposit programme of the Company.

Pratibha Industries Limited has informed the Exchange that Brickwork Ratings India Private Limited has reaffirmed the Credit Rating.

Diamond Power Infra Ltd has informed the Exchange regarding a Corporate Announcement relating to Credit Rating of the Company.

Dolphin Offshore Enterprises (India) Limited has informed the Exchange regarding Credit Ratings of the Company given by CRISIL.

Genus Power Infrastructures Limited has informed the Exchange vide letter date October 20, 2014 regarding "Update on Credit Ratings".

Bajaj Hindusthan Limited has informed the Exchange reharding Revision in Long-term and Short-term Bank Facilities rating.

Trent Limited has informed the Exchange that Credit Analysis & Research Limited (CARE) has reaffirmed the credit ratings for the Company's Non-Convertible Debentures (NCDS).

MIRC Electronics Limited has informed the Exchange regarding ratings on the Bank facilities of the company.

Can Fin Homes Limited has informed the Exchange vide letter dated October 17, 2014 regarding Rating - Assignment/Upgradation of Rating on securities.

Surya Roshni Limited has submitted to the Exchange a copy of the Credit rating Reaffirmed by CARE in regard to Debt-Credit Rating for Bank Facilities of Company vide dated October 14, 2014.

Cholamandalam Investment and Finance Company Limited has informed the Exchange that India Ratings & Research Pvt. Ltd. has upgraded the rating for the long-term debt instruments and subordinated debt instruments issued / to be issued by the Company.

Elecon Engineering Company Limited has informed the Exchange that the credit rating agency viz., Credit Analysis & Research Limited (CARE) vide its letter dated September 29, 2014 has revised ratings of various facilities.

Can Fin Homes Limited has informed the Exchange that India Ratings & Research (Ind-Ra) has upgraded Can Fin Homes Limited's (CFHL) Long-Term Issuer Rating to IND AAA from IND AA+ with a Stable Outlook. The above Rating agency has also assigned 'IND AAA' ratings on the Company's proposed issue of Secured Redeemable Non-convertible Debentures upto an amount of Rs.2,500 Crore and the proposed issue of Tier-II Subordinated Bonds aggregating to Rs.300 Crore.

Cipla Limited has informed the Exchange that India Ratings & Research Private Limited, a Fitch Group Company have affirmed the Long-Term Issuer Rating of 'IND AAA' to the Company and 'IND A1+' rating to the Company's Rs.10 billion Commercial Paper/Short Term Debt Programme. Further, India Ratings & Research Private Limited has assigned 'IND AAA' rating to the Company's proposed Rs. 20 billion NCD programme.

Meghmani Organics Limited has informed the Exchange that Meghmani Finechem Limited (MFL) is a subsidiary of Meghmani Organics Limited (MOL). MOL holds 57% of the Equity Shares of MFL. The credit rating agency viz., Credit Analysis & Research Limited (CARE) vide its letter dated October 06, 2014 has revised rating of Meghmani Finechem Limited (MFL) for Long Term Bank facilities from CARE BBB (triple B) to CARE BBB+ (Triple B Plus) and for Short term Bank facilities from CARE A3 + (A Three Plus) to CARE A2 (A Two).

Dhunseri Petrochem & Tea Limited has informed the Exchange regarding Credit Rating by Credit Analysis & Research Ltd.

Mahindra & Mahindra Financial Services Limited has informed the Exchange that Credit Analysis & Research Limited (CARE) has assigned " CARE AAA (Triple A) " ratings to the Non-Convertible Debentures and subordinated Debt issue of the company.

Godrej Consumer Products Limited has informed the Exchange that ICRA has upgraded the Long Term Ratings for company's bank limites and the rating for Non-Convertible Debenture programme for Rs 300 crore to (ICRA) AA+(Stable) from (ICRA) AA (Stable)

Insecticides (India) Limited has informed the Exchange that CRISIL Limited has reaffirmed Bank Loan Ratings to the company's bank facilities for the 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+.

Dishman Pharmaceuticals and Chemicals Limited has informed the Exchange regarding Revision in Ratings for Outstanding Non-Convertible Debenture issue (listed debt instruments) and Credit Rating for Banking Facilities of Company by CARE Rating Agency.

Godrej Properties Limited has informed the Exchange that ICRA has upgraded the long-term rating of the Company from [ICRA] A+ to [ICRA] AA- for the fund based and non-fund based facilities of Rs 1,700 crore to be availed by the Company.

Nandan Denim Limited has informed the Exchange that the Credit Rating of Company has been upgraded to 'BWR A-/A2+' , Stable Outlook on October 01, 2014. The total bank facilities rated amounted to Rs .499.64 crore.

V-Mart Retail Limited has informed the Exchange that the Credit Analysis & Research Ltd. ( CARE) has revised the bank facilities credit rating of the Company.

Jamna Auto Industries Limited has informed the Exchange that ICRA has upgraded ratings of Company for line of credit on long term scale by two notches from [ICRA]BBB (pronounced ICRA triple B) to [ICRA]A- (pronounced ICRA A minus) on the long-term scale. 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 by one notch from [ICRA]A2 (pronounced ICRA A two) to [ICRA]A2+ (pronounced ICRA A two plus).

IL&FS Transportation Networks Limited has informed the Exchange that CRISIL Limited has revised its rating outlook on the bank facilities of the Company to 'Stable' from "Negative", while reaffirming the rating at 'CRISIL A' and the rating on the Company's short-term facilities has been reaffirmed at 'CRISIL A1'.

GHCL Limited has informed the Exchange that CARE (Care Analysis & Research Limited), one of the Credit Rating Agency, has reviewed Credit ratings of the Company for bank facilities.

Omaxe Limited has informed the Exchange regarding credit rating assigned for long term and short term bank facilities by Credit Analysis and Research Ltd. (CARE).

Omaxe Limited has informed the Exchange regarding credit rating assigned for Fixed Deposit by Credit Analysis and Research Ltd. (CARE).

Capital First Limited has informed the Exchange that : (1) Credit Analysis & Research Limited ( CARE ) has assigned CARE AA (Double A) rating for fresh limit of Rs. 50 Crore to the Company's Perpetual Debt Issue. (2) Brickwork Rating Private Limited ( BWR ) has assigned BWR AA (pronounced BWR Double A) (Outlook: Stable) for a fresh limit of Rs. 50 Crore to the Company's Perpetual Debt Issue.(3) BWR has revalidated BWR AA+ (pronounced BWR Double A Plus) (Outlook: Stable) for the Company's Non Convertible Debenture (NCD) Issue for an amount of Rs. 450 Crore out which unutilized limit is Rs. 250

Venus Remedies Limited vide its letter dated September 16, 2014 has informed the Exchange regarding the downgrading of external bank loan rating by CRISIL.

Sangam (India) Limited has informed the Exchange that vide its Press release dated September 15, 2014 India Ratings & Research (Ind-Ra) has assigned Sangam (India) Limited (Sangam) a Long Term Issuer Rating of IND A-, with a stable outlook.

Cords Cable Industries Limited has informed the Exchange that on a review of recent developments, including operational and financial performance of Cords Cable Industries Limited during FY 14 and Q1 FY 15, CARE Rating Committee has reaffirmed CARE BBB rating to Long term Bank Facilities, "CARE A3" rating to Short Term Bank facilities. As per the rating rational, the ratings continue to derive strength from the experience of the promoters in the cable industry, long track record of operations of Cords Cable Industries Ltd (CCIL), established position in the control and instrumentation market w

Edelweiss Financial Services Limited has informed the Exchange that Credit Analysis & Research Limited, vide their letter dated September 12, 2014, has assigned the rating of 'CARE AA' (Double A) to the proposed issue of Non-Convertible Debentures of Rs. 500 crores of the Company.