EXCELCROP

Excel Crop Care Limited has informed the Exchange regarding Credit Rating

Excel Crop Care Limited has informed the Exchange regarding Credit Rating

Excel Crop Care Limited has informed the Exchange that consequent upon CRISIL having placed our Company Ratings on Watch Developing , the Companys Bank Loan Facilities aggregating Rs. 200 crore now have the following Ratings:Long Term Rating: CRISIL A+ ( Rating watch with Developing Implication )Short Term Rating: CRISIL A1+ ( Rating watch with Developing Implication ). (revised)

Excel Crop Care Limited has informed the Exchange regarding Change in CRISIL Rating.

Excel Crop Care Limited has informed the Exchange regarding Up-gradation of CRISIL Rating for short term bank facilities and rating for Commercial Paper Programme.

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.

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.

Excel Crop Care Limited has informed the Exchange that CRISIL Ltd has re-affirmed the existing 'A' rating for cash credit facility of Rs. 1500 million. It has, however, revised the outlook for the cash credit facility from 'Stable' to 'Negative' and the revised rating reads 'A/Outlook Negative'. CRISIL has re-affirmed 'A1' rating for the Company's letter of credit facility of Rs. 500 million.

Excel Crop Care Limited has informed the Exchange that "CRISIL Limited has upgraded the rating from 'A-/Stable' to 'A /Stable' for our Fund Based Bank Limits of Rs.150 crores and from 'P2+' to 'P1' for our Non Fund Based Bank Limits of Rs.50 crores".

Excel Crop Care Limited has informed the Exchange that "CRISIL Limited has revised the rating from 'A-/ Stable' to 'A-/ Negative' for our Fund Based Bank Limits of Rs.120 crores and re-affirmed 'P2+' rating for our Non Fund Based Bank Limits of Rs 40 crores".