Corporate announcements

Nectar Lifesciences Limited has informed the Exchange with reference to earlier letter dated March 28, 2014 regarding the Long Term External Credit Rating of the Company assigned as 'BWR A' by Brickwork Ratings. The Company has informed that in subject line they have inadvertently written word upgraded instead of word assigned and mentioned the name of India rating in the body of letter.

Nectar Lifesciences Limited has informed the Exchange that Long Term External Credit Rating of the Company upgraded to ''BWR A'' by Brickwork Ratings.

Edelweiss Financial Services Limited has informed the Exchange that Credit Analysis & Research Limited (CARE) has assigned a 'CARE AA' (Double A) rating for Rs 50 crores' long term debt programme of the Company.

Xpro India Limited has informed the Exchange that as a routine course of business, SMERA have assigned a Long-Term rating of "SMERA BBB-" [Triple B Minus]" and short term rating of "SMERA A3" [A Three] with a "Negative" Outlook to Company's enhanced Bank facilities.

Future Consumer Enterprise Limited has informed the Exchange that the Rating Committee of Credit Analysis & Research Limited has assigned the following rating(s) to the financial facilities of the Company: 1. CARE A-' [Single A Minus] rating to the long-term facilities of the Company. 2. 'CARE A1' [A One] rating to the short-term facilities of the Company.

Ranbaxy Laboratories Limited has informed the Exchange that Credit Analysis & Research Limited (CARE), has revised credit rating for long term debt instruments issued by the Company, from CARE AA+ (DoubIe A Plus) to CARE AA (Double A). Long term Instruments with CARE AA rating are considered to have high degree of safety regarding timely payment of financial obligations and carry very low credit risk.However, CARE has reaffirmed the CARE A1+(A One Plus) rating assigned to the short term bank facilities of the Company. Short Term Debt Instruments with CARE rating of A1+ are considered to have v

Dwarikesh Sugar Industries Limited has informed the Exchange that "Our rating for fund based limits of Rs 325 crs and long term loans of Rs 274.99 crs has been upgraded by ICRA from [ICRA]B- (pronounced ICRA B minus) to [ICRA]B (pronounced ICRA B). Further, please also note that ICRA has withdrawn rating watch with negative implications".

Indian Overseas Bank has informed the Exchange vide letter dated March 04, 2014 regarding "Revision of Ratings by M/s. CARE Ratings".

Rasoya Proteins Limited has informed the Exchange that Credit Rating Agency, CARE has revised the rating from CARE BB+ (Double B Plus) to CARE BBB- (Triple B Minus) assigned to the Long term Bank facilities of the Company and has revised the rating from CARE A4 (A Four) to CARE A3 (A Three) assigned to the short term Bank Facilities of the company indicating moderate degree of safety regarding timely servicing of financial obligations. The Company has submitted to the Exchange the copy of letter issued by the CARE.

Excel Crop Care Limited has informed the Exchange that CRISIL Limited has revised Long Term Rating in respect of the Company's Working Capital Bank Finance Facilities aggregating to Rs 200 crores. The Long Term Rating has been upgraded from 'CRISIL A/ Stable' to 'CRISIL A+ /Stable'. CRISIL Limited has reaffirmed 'CRISIL A1' for the Company's Short Term Rating in respect of the Bank Finance Facilities.

Suprajit Engineering Limited has informed the Exchange that India Ratings has reaffirmed long term rating to 'IND A+' for the bank facilities and upgraded short term rating to 'IND A1+' from A1.

Minda Corporation Limited has informed the Exchange under clause 36 of the Listing Agreement regarding revision in Credit Rating of the Company. (Source MSE)

Allcargo Logistics Limited has informed the Exchange vide letter dated February 19, 2014 regarding intimation of reaffirmation in Credit rating.

Jamna Auto Industries Limited has informed the Exchange that ICRA reaffirmed the credit ratings of the Company for Lines of Credit on the long-term scale at [ICRA] BBB- (pronounced ICRA triple B minus) and short term scale at [ICRA] A3 (pronounced ICRA A three).

Lakshmi Vilas Bank Limited has informed the Exchange that M/s. Brickwork Ratings India Pvt. Ltd. has revised the rating of the Company's Tier II Capital of Rs. 100 Cr. (Series V) and Rs. 250 Cr. (Series VII) from "BWR A-" (Outlook : Negative) to "BWR BBB+" (Outlook: Negative).

Manappuram Finance Limited has informed the Exchange that CRISIL has revised its rating outlook on ratings of the long-term debt instruments and bank facilities of the Company from `Negative' to `Stable' on 05th February, 2014. (Source MSE)

Wockhardt Limited has informed the Exchange that Credit Analysis & Research Limited (CARE) has assigned a 'CARE A1+' (A One Plus) rating to the short term facilities of the Company, having a tenure upto one year. Instruments with this rating are considered to have a strong degree of safety regarding timely payment of financial obligations and carry lowest credit risk. Further, CARE has assigned a 'CARE AA-' (Double A minus) rating to Company's long term facilities. Instruments with this ratings are considered to have a high degree of safety regarding timely servicing of financial obligations a

ECE Industries Limited has submitted to the Exchange a copy of 'Surveillance of Credit Rating' report dated January 21, 2014 issued by the ICRA Ltd. for the bank limits / working capital arrangements of the Company.

Jindal Poly Films Limited has informed the Exchange that the CRISIL Limited has assigned to the Company "AA-/Negative" rating for Rs.2.5 Billion Non convertible Debenture and Total Bank Loan Facilities rated Rs.3700 Million as Follows: (a) Long term rating CRISIL AA-/ Negative (reaffirmed). (2) Short Term rating Crisil A1+ (reaffirmed).

Apollo Tyres Limited has informed the Exchange that CRISIL vide its letter dated January 24, 2014 has revised its long term rating on the Bank facilities and other debt programmes of the Company to "CRISIL AA" from "CRISIL A" and short-term rating to "CRISIL A1+" from "CRISIL A1". The present long-term outlook of the Company is Stable.

Strides Arcolab Limited has informed the Exchange that India Ratings & Research (India Ratings), a Fitch Group Company, has upgraded Strides Arcolab Limited's (Strides) Long- Term Issuer rating to 'A+' from 'BBB+'.

Parrys Sugar Industries Limited has informed the Exchange that the ICRA has reaffirmed the Long term ratings at [ICRA] BBB+ (Pronounced as ICRA triple B Plus) and Short term ratings at [ICRA] A2 (Pronounced as ICRA A two). The outlook on the long term rating is stable. The aforesaid ratings are valid till November 2014.

BGR Energy Systems Limited has informed the Exchange regarding ratings assigned by Brickwork Ratings India Pvt. Limited in respect of bank loan facilities of the company.

Eimco Elecon (India) Limited has submitted to the Exchange a copy of latest Rating Rational of the Company by CRISIL, reaffirming the "Stable" status.

Manappuram Finance Limited has informed the Exchange that ICRA has revised the outlook on the outstandings ratings of A+ (pronounced ICRA A plus) on the Long Term debt and Bank Borrowings of the Company from 'Negative' to 'Stable' on January 15, 2014. (Source MSE)

Marico Limited has informed the Exchange that CRISIL Limited ('CRISIL') has on January 14, 2014 upgraded / reaffirmed its ratings assigned to the Company.

Brigade Enterprises Limited has informed the Exchange regarding "Credit Rating upgrade by ICRA from [ICRA]BBB+ to [ICRA]A- for credit facilities from Banks"

Edelweiss Financial Services Limited has informed the Exchange that Credit Analysis & Research Limited (CARE) has assigned a 'CARE AA' (Double A) rating for Rs.100 crores for long term debt programme of the Company.

Dwarikesh Sugar Industries Limited has informed the Exchange that the Company's rating for fund based term loan has been revised as BWR BB- (BWR DOUBLE B MINUS) by Brickworks with stable outlook.

Sobha Developers Limited has informed the Exchange regarding "Credit Rating of the Company upgraded to 'BWR A' by Brickwork Ratings.

Sadbhav Engineering Limited has informed the Exchange that Credit Analysis & Research Ltd. (CARE) has reaffirmed the rating to long term bank facilities of Rs. 441.50 crores and short term / long-term bank facilities of Rs. 1550.00 crores of the Company.

Sadbhav Engineering Limited has informed the Exchange regarding "Credit Rating for Outstanding Non Convertible Debenture of Rs. 230 Crores"

Zenith Exports Limited has informed the Exchange that M/s. ICRA Ltd. vide their letter dated December 31, 2013 has assigned [ICRA]BB+ for Long Term & [ICRA]A4+ for Short Term bank limits / Line of Credit of the Company for Rs. 85 crores. Further, they have enhanced rated bank limits from Rs. 85 crores to Rs. 94 crores vide their letter dated January 03, 2014.

Suprajit Engineering Limited has informed the Exchange that ICRA has upgraded the long term rating from [ICRA] A to [ICRA] A+ for the bank facilities and short term rating of [ICRA] A1 is reaffirmed.

Indiabulls Power Limited has informed the Exchange that the Rating Committee of Credit Analysis & Research Limited (CARE), a premier credit rating agency of the country, has after a review of the operational and financial performance of the Company, reaffirmed the CARE BBB (Triple B) rating to the Long Term Bank Facilities of the Company. The Rating Committee of CARE has also reaffirmed the CARE BBB (Triple B) rating to the Long Term Bank Facilities of Indiabulls Realtech Limited (IRL) a wholly owned subsidiary of the Company, after a review of the operational and financial performance of IRL

Trent Limited has informed the Exchange vide letter dated January 03, 2014 regarding "Reaffirmation of Credit Ratings".

Himatsingka Seide Limited has informed the Exchange that CRISIL has revised upwards the credit rating of the Company for CRISIL BBB/ Stable to CRISIL BBB+/Stable for Long Term Debt and Non Convertible Debentures. For Short Term debt, CRISIL has revised the rating upwards from CRISIL A3+ to CRISIL A2.

Sutlej Textiles and Industries Limited has informed the Exchange vide letter dated December 31, 2013 regarding upgradation of Credit Rating by CARE to Sutlej Instruments.

Dewan Housing Finance Corporation Limited has informed the Exchange that the Credit Analysis & Research Ltd. (CARE) has assigned 'CARE AA+'[Double A Plus] rating for the company' debt programme. The instruments with this rating are considered to have the high degree of safely regarding timely servicing of the financial obligations.

Rasoya Proteins Limited has informed the Exchange with reference to the earlier announcement dated December 17, 2013. The Company has now clarified to Exchange that the External Credit Rating Agency CARE, vide its letter dated October 09, 2012 has assigned "CARE BB+"(Double Plus) Ratings to the various Bank Facilities availed by the Company.The LATEST Ratings assigned by CARE to the various Bank Facilities availed by the Company AS ON DATE are expected in short time and accordingly. The Revision in Ratings shall be informed.

Godrej Industries Limited has informed the Exchange that ICRA has upgraded the rating of its Public Deposit Programme of Rs. 100 crore from MAA (pronounced M Double A) to MAA+ (pronounced M Double A plus). The outlook of the rating is stable. Instruments with this rating are considered to have the high-credit quality. The rated deposits programme carries low credit risk.

Rasoya Proteins Limited has informed the Exchange that Credit Rating Agency, CARE has Assigned CARE BB+(Double B Plus) to the Long term Bank facilities indicating adequate degree of safety regarding timely receiving of financial obligations and has also assigned CARE A4 (A Four) to the Short term Bank facilities of the Company.

Gabriel India Limited has informed the Exchange vide letter dated December 05, 2013 that the Crisil rating of the Company has been revised.

Godrej Industries Limited has informed the Exchange, vide letter dated December 04, 2013 regarding "Credit rating for enhanced borrowing limits".

Sakthi Finance Limited has submitted to the Exchange a copy of the credit rating assigned by ICRA Limited for the Rs 200 crores Non Convertible Debenture Programme proposed to be made by the Company. (Source MSE)

EID Parry India Limited has informed the Exchange vide letter dated December 03, 2013, regarding "REVISION IN CRISIL CREDIT RATINGS TO THE COMPANY'S LONG TERM AND SHORT TERM DEBT AND BANK FACILIITES".

PI Industries Limited has informed the Exchange regarding upgradation of Rating by CRISIL

Cox & Kings Limited has informed the Exchange that Credit Analysis & Research Ltd (CARE), the Rating Agency, has reaffirmed the rating as 'CARE A1+ (A One Plus)' of Commercial Papers and short term bank facilities of the Company. Instruments with this rating indicate very strong degree of safety regarding timely payment of financial obligations and carry lowest credit risk. CARE has also reaffirmed the rating as 'CARE AA- (Double A Minus)' to the long term bank facilities and issue of Non-Convertible Debentures of the Company. Instruments with this rating indicate high degree of safety for

Religare Finvest Limited has informed the Exchange that India Ratings & Research Private Limited vide its letter dated October 30, 2013 has revised the Tier II-Sub-Debt rating of RFL from "IND AA-(Negative Outlook)" to IND AA-(Stable Outlook)". Further the Company would like to update that Credit Analysis & Research Ltd.(CARE) vide its letter dated October 08, 2013 has also re-affirmed RFL's long term debt rating of "CARE AA-(Double A Minus).

United Spirits Limited has informed the Exchange that ICRA Limited (ICRA) has revised the Rating on the Term Loans, Fund Based facilities, Non-fund based facilities and fixed Deposits.