RASOYPR

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.

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.

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.