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MarketScreener Homepage  >  Equities  >  NATIONAL STOCK EXCHANGE OF INDIA  >  Man Industries (India) Limited    MANINDS   INE993A01026

MAN INDUSTRIES (INDIA) LIMITED (MANINDS)
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Man Industries India : Intimation regarding revision of Credit Rating

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12/07/2018 | 09:12am CET

MAN

Industries (India) Ltd

the line pipe people

7th December, 2018

To ,

BSE Limited

1st Floor, New Trading Ring, Rotunda Building ,

Phiroze Jeejeebhoy Towers, Dalal Street , Mumbai

an ISO 9001 I 14001 I 18001 accredited company www.mangroup.com

GIN NO . - L99999MH1988PLC047408

To ,

National Stock Exchange of India Ltd Exchange Plaza , 51h Floor,

Plot No . C/1 , G block , Bandra-Kurla Complex, Sandra (E) , Mumbai- 400 051

Scrip Code - 513269

Scrip ID- MANINDS

Sub:

Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Reg:

Upgradation of Credit Rating

Dear Sir/Madam ,

Pursuant to Regulation 30 Part A of Schedule Ill of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we hereby inform that, CRISIL Limited (CRISIL) has revised the Company's Long-Term Credit Rating from 'CRISIL BBB+/Stable' to 'CRISIL A-/Stable' and the Short-Term Credit Rating from 'CRISIL A2 ' to 'CRISIL A2+ '.

The aforesaid information will also be hosted on the website of the Company at www .mangroup .com .

This is for information and record .

Thanking you ,

Yours Truly,

For Man Industries (India) Limited

Shashank Belkhede

Group Head - Legal & Secretarial

Mumb ai Office Ad d: MAN HOUSE , 101 , S.V. Road, Opp . Pawan Hans , Vile Pane {West) , Mumbai- 400056

Tel : 91-22-6647 7500 Fax: 91-22-664 7 7600 E-mail : enquiry@maninds.org

A nj ar Plant

Plt h ampur Plant

: Pipe & Coating Complex, Plot No.485/2 , Anjar- Mundra Highway, Village - Khedoi , Ta l - Anjar, Dis!- Kutch,Gujarat.

Tel : +91 - 02836 -275751 - 60 • Fax :- +91 2836-275750 Email : mananjar@maninds.org: Pipe & Coating Complex , Plot No.257- B, 258 - B, Sector 1, Pithampur - 4 54775, Dis!- Dhar (M.P)

Tel : +91 - 7292 -253291/253875/253666 Fa x: +91 -7292-253257 Email: mansaw@maninds .org

L-SAW Line Pipes I Spiral Pipes I Coating Systems

Disclaimer

Man Industries (India) Ltd. published this content on 07 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 December 2018 08:11:03 UTC

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Financials (INR)
Sales 2019 23 271 M
EBIT 2019 2 361 M
Net income 2019 -
Debt 2019 -
Yield 2019 -
P/E ratio 2019 -
P/E ratio 2020
Capi. / Sales 2019 0,18x
Capi. / Sales 2020 0,15x
Capitalization 4 094 M
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Average target price 135  INR
Spread / Average Target 88%
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Ramesh Chandra Mansukhani Executive Chairman
Mahendra Singh Arora Chief Operations Officer & Commercial Director
Ashok Gupta Chief Financial Officer
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Kirit Navnitlal Damania Independent Non-Executive Director
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