Corporate announcements

Development Credit Bank Limited has informed the Exchange that CRISIL has upgraded its rating on Development Credit Bank Ltd's (DCB's) Lower Tier-II bonds to 'CRISIL A-/Stable' from 'CRISIL BBB+/ Positive'; the rating on DCB's certificate of deposits programme has been upgraded to 'CRISIL A1+' from 'CRISIL A1'.

Kalpataru Power Transmission Limited has informed the Exchange that the credit ratings have been reaffirmed to the Company by Rating Agencies for Bank Borrowing / NCDs.

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]" and short term rating of "SMERA A2" [A Two] of the Company with a "Stable" Outlook.SMERA has also assigned the following ratings to Xpro's bank loans :(1)Term Loans from Banks (INR103.96 Crores) : SMERA BBB/Stable.(2) Non-fund-based limits (INR28.47 Crores) : SMERA A2.(3)Fund-based Limits (INR33.85 Crores) : SMERA BBB/Stable.

Capital First Limited has informed the Exchange that Brickwork Ratings India Pvt. Ltd. ("BWR") has assigned 'BWR AA + (Pronounced BWR Double A Plus)' rating to the Company's proposed Unsecured Subordinated Non Convertible Debentures issue for and enhanced limit of Rs. 200 crore (enhanced from Rs. 150 crore).

Capital First Limited has informed the Exchange that Credit Analysis & Research Limited ( CARE ) has assigned CARE AA+ (Double A Plus) rating to the Company's proposed Non Convertible Subordinated Debentures issue for an enhanced limit of Rs. 200 crore (enhanced from Rs 100 crore).

DCM Shriram Consolidated Limited has informed the Exchange that the credit ratings for the Short Term and Long Term credit facilities of the Company have been revised.

Dhunseri Petrochem & Tea Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on January 31, 2013, noted that Credit Analysis & Research Ltd. has assigned Credit rating of CARE A + (Single A plus) to Non Convertible Debenture (NCD) issue of Rs. 100 Crs. for a maturity of 10 years.

Capital First Limited has informed the Exchange that Credit Analysis & Research Limited ( CARE ) has assigned CARE AA+ (Double A Plus) rating to the Company's proposed Non Convertible Subordinated Debentures issue.

Himatsingka Seide Limited has informed the Exchange that CRISIL has revised upwards the credit rating of the Company from CRISIL BBB Negative / with Stable outlook to CRISIL BBB / with Stable outlook for Long Term debt. For Short Term debt CRISIL has revised the rating upwards from CRISIL A3 to CRISIL A3+.

Lakshmi Vilas Bank Limited has informed the Exchange that M/s. India Ratings and Research Private Ltd, Mumbai has affirmed the rating for the Company's Tier II Capital of Rs. 30 Cr (Series V) and Rs. 100 Cr. ( Series VI) as IND BBB+.

Eros International Media Limited has informed the Exchange, vide letter dated January 23, 2013 regarding revision in ratings assigned by CARE and CRISIL.

BGR Energy Systems Limited has informed the Exchange that ICRA has revised the ratings for the bank facilities availed by the Company.

Kei Industries Limited has informed the Exchange that Credit Analysis & Research Ltd. (CARE) has reaffirmed the 'CARE CGR 3' (three) rating assigned to the Corporate Governance practices adopted by the Company.

Ramky Infrastructure Limited has informed the Exchange that CRISIL has revised its ratings on the bank facilities of Ramky Infrastructure Ltd as under: (a) Long-Term Rating : CRISIL A-/Negative (Downgraded from 'CRISIL A+/Negative'); (b) Short-Term Rating : CRISIL A2+ (Downgraded from 'CRISIL A 1').

Parrys Sugar Industries Limited has informed the Exchange that 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 ratings continue to remain on watch with negative implications. The ratings are valid till December 31, 2013.

Reliance Communications Limited has informed the Exchange that the ICRA Limited (ICRA) has revised the long term rating of the Company as BBB+ (with negative outlook) and reaffirmed the Short Term rating as A2+.

Power Grid Corporation Of India Limited has informed the Exchange that Powergrid has got its rating done from Standard & Poor's Rating Services and Fitch Ratings.

Atul Limited has informed the Exchange that Credit Analysis & Research Ltd (CARE) has assigned following ratings: (1) For long term borrowing facilities (Rs 257 cr) : AA- ( Double A Minus).(2) For short term borrowing facilities (Rs 178 cr):A1+ ( A one Plus) .(3) For Commercial Paper (Rs 50 cr): A1+ (A one plus).

Excel Crop Care Limited has informed the Exchange that CRISIL Limited has upgraded the rating to 'CRISIL A/Stable' from the existing rating 'CRISIL A/Negative' for the Company's Cash Credit facility of Rs.1500 million. CRISIL has reaffirmed 'CRISIL A1' rating for the Company's Letter of Credit facility of Rs.500 million.

Eid Parry India Limited has informed the Exchange that:" CRISIL vide its Letter No. KS/RCO/01/2013-01 dated 03/01/2013 has reaffirmed its rating as "CRISIL AA" on its long term bank facilities and debt programmes but has revised its outlook from "Stable" to "Negative". The rating on the company's short-term bank facilities and debt programme has been reaffirmed at 'CRISIL A1+'".

Sanwaria Agro Oils Limited has informed the Exchange that Credit Analysis & Research Limited (Rating Committee) has retained its rating at 'A2+' (A Two Plus) for short term facilities and 'CARE BBB+' (Triple B Plus) for long-term facilities of the Company. Also Commercial Paper (CP) has been rated at A2+ (A Two Plus) by Credit Analysis & Research Limited (Rating Committee).

Capital First Limited has informed the Exchange that Brickworks Ratings India Pvt. Ltd. ('Brickworks Ratings') has revised the outstanding ratings of the Company's existing Non Convertible Debentures Issues from BWR AA -(Pronounced BWR Double A Minus) (Outlook : Stable) to BWR AA + (Pronounced BWR Double A Plus)(Outlook : Stable) and the same rating has been assigned to the Company's proposed Non Convertible Debentures issue. Instruments with the aforesaid rating are considered to have a high degree of safety regarding timely servicing of financial obligations and carry very low credit risk.

Balrampur Chini Mills Limited has informed the Exchange vide its letter dated December 27, 2012 that ICRA Ltd, after due consideration, has revised the rating of the instruments of the Company.

Shoppers Stop Limited has informed the Exchange that Credit Analysis & Research Ltd (CARE Ratings) has assigned the ratings.

Educomp Solutions Limited has informed the Exchange vide letter dated December 19, 2012, regarding "Credit Rating".

Shoppers Stop Limited has informed the Exchange that India Ratings & Research Private Ltd; has assigned the new rating of 'IND A1' for its commercial paper programme of Rs.500 million. The earlier rating was `IND A1+'. Further the Company also note that India Ratings & Research Private Ltd; has assigned the new rating of 'IND A1' for its short term debt programme of Rs. 500 million. The earlier rating was 'IND A1+'..

Capital First Limited has informed the Exchange that Credit Analysis 8t Research Limited ("CARE") has assigned 'CARE AA+'{Double A Plus) rating to the Company's Long term banking facilities for an enhanced amount of Rs. 4,500 Crore (enhanced from Rs. 2,250 Crore).Also, "CARE" has assigned 'CARE AA+'(Double A Pius) rating to the Company's Non Convertible Debentures aggregating to Rs. 1050 Crore.Further, "CARE" has assigned 'CARE A1+' (A One Plus) rating to the Company's Short term Debt Programme aggregating to Rs. 900 Crore, for a maturity not exceeding one year.

Godrej Industries Limited has informed the Exchange that ICRA Limited (ICRA) has reaffirmed the following: 1. Rating for Commercial Paper Programme; 2. Rating for Long Term Loan, Fund based limits and Non-fund based limits; 3. Rating for Short Term Loans and Non-Fund Based Limits.

Ruchira Papers Limited has informed the Exchange that the Credit Rating of the Company has been revised from CARE D (Single D) to CARE B+ (Single B Plus) assigned to Long term facilities and CARE D (Single D) to CARE A4 (A Four) assigned to short term facilities of the Company.

Ifgl Refractories Limited has informed the Exchange that Credit Analysis & Research Ltd. (CARE) has recently reaffirmed the rating of CARE A+ (single A plus) and CARE A1+ (A one plus) assigned to long term and short term bank facilities aggregating to Rs. 80.12 Crores availed by the Company.

Jagran Prakashan Limited has informed the Exchange that CRISIL has reaffirmed/ assigned ratings to the Company's Debt Facilities.

Opto Circuits (India) Limited has informed the Exchange that the Company has secured BBB+ (pronounced 'BWR Triple B Plus') rating from Brickworks Ratings India Pvt. Ltd. for its fund based working capital facilities. The rating indicates as stable outlook.

Orient Green Power Company Limited has submitted to the Exchange a copy of Rating of Bank Credit Facilities of M/s Orient Green Power Company Limited issued by M/s Brickwork Ratings India Private Limited.

Alstom T&D India Limited has informed the Exchange that in context of the non funded and funded limits, the Company has sought ICRA Rating for various funded and non funded credit limits enjoyed by the Company. Further the Company had not obtained Credit Rating in past for its Equity/Debt instruments. The Company does not have any Public Deposit Scheme.

Prime Focus Limited has informed the Exchange that India Rating & Research Private Limited has upgraded Company's Long-Term issuer rating to 'IND A-' from 'IND BBB', and removed it from Rating Watch Evolving (RWE). The Outlook is Stable.The agency has also assigned a final rating to PFL's INR 1,901m (reduced from lNR 1,925m) non-convertible debenture issue and subsequently upgraded it to 'IND A-' from 'IND BBB'.

Infosys Limited has informed the Exchange that the Rating Committee of ICRA Limited after due consideration of the latest developments, has reaffirmed the CGR1 (pronounced C G R One) for the Corporate Governance practices of Infosys Limited implying that the Company has adopted and follows such practices, conventions and codes as would provide its financial stakeholders the highest level of assurance on the quality of corporate governance.

Godfrey Phillips India Limited has informed the Exchange that Credit Rating Information Services of India Ltd (CRISIL) has reaffirmed ratings of the Company with respect to the various Bank Facilities availed by the Company.

Prime Focus Limited has informed the Exchange regarding Credit Rating assigned to the Company.

Nhpc Limited has informed the Exchange that the credit rating agency, M/s CARE Ratings has reaffirmed the CARE AAA (Triple A) rating for NHPC Q-Series Bonds of Rs. 1266 Crore.

Ipca Laboratories Limited has informed the Exchange vide letter dated October 27, 2012, regarding "CRISIL rating for bank facilities of Ipca Laboratories Ltd".

Mahindra Ugine Steel Company Limited has informed the Exchange that India Ratings & Research Private Limited, a Fitch Group Company, has informed the Company that it has upgraded the Company's Long-Term Issuer rating to 'IND A' from 'IND BBB+', and removed it from Rating Watch Evolving (RWE). The Outlook 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 'IND BBB+' from 'IND BBB-'. The Outlook is Stable. The upgrade reflects India Ratings' expectation of a sustained improvement in Strides' financial leverage (adjusted debt / EBITDA) in the medium term.

Vaibhav Gems Limited has informed the Exchange regarding Credit Rating for Long-Term and Short-Term bank Facilities.

Jamna Auto Industries Limited has informed the Exchange that "On October 10, 2012, ICRA has revised the ratings of the Company for Lines of Credit and Short term bank facilities from BBB to D without providing the company adequate rationale for the same. Considering that the company has some of the best liquidity and credit ratios in the business, it has not accepted the revised ratings and is in discussions with ICRA on the matter".

Eid Parry India Limited has informed the Exchange that CRISIL has assigned rating as "AA/Stable" (pronounced "Double A rating with Stable outlook"), for the proposed Non-Convertible Debentures (Rs. 600 million) Programme on a private placement basis. As per CRISIL, the rating indicates high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk.

Indiabulls Financial Services Limited has informed the Exchange that Credit Analysis and Research Ltd. (CARE Ratings), has reaffirmed "CARE AA+" rating to the Company's Long Term Debt Programme.

Mercator Limited has informed the Exchange that Credit Analysis & Research Ltd. (CARE) has assigned "CARE A" rating to Long-term facilities and "CARE A1" rating to the short term facilities of the Company.

United Spirits Limited has informed the Exchange that ICRA Limited (ICRA) has received the credit rating on the Term Loans, Long Term Fund Based Limits, Short Term Fund Based Limits and Short Term Non-Fund Based Limits.

Reliance Infrastructure Limited has informed the Exchange vide its letter dated September 29, 2012 that CRISIL has reaffirmed the ratings on the Company's short-term debt and revised the rating for the debt programmes and bank facilities.

Dhunseri Petrochem & Tea Limited has informed the Exchange that Credit Analysis & Research Ltd. has reaffirmed the Credit rating of CARE A + (Single A plus) assigned to long term bank facilities of the Company and CARE A1+ (CARE A One plus) assigned to short term facilities of the Company. At the same time CARE has reaffirmed the Credit rating of CARE A1+ (CARE A One plus) assigned to the Short Term Debt (STD) programme (including Commercial Paper) of the Company of Rs. 100 Crs. for a maturity upto six months.