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February 28,2017
National Stock Exchange of India Ltd Exchange Plaza-
1, Block G
Bandra Kurla Complex Bandra (E)
Mumbai - 400 051
Dear Sir,
Sub: SEBI (Listing Obligations and Dlsclo1mrc Requirements) Regulations, 2015 - disclosure of event• or Information ·reg,Pursuant to Regulation 30 of the aforesaid Regulations, we wish to inform that the Credit Rating Agency, !CRA Limited ha.a, vide their letter dated February 23,2017 (received by the Company today) upgraded
the Jong term rating for the Li11e of Credit for Rs.339.18 crorcs (both Fund based and N011 Fund ba.sed) s1,u1ctioned to the Company from (ICRA) D (prono,mced ICRA D) to (ICRA)B+ (pronounced ICRA B plus) ; and
the short term rating for the aforesaid Li.ne of Credit sanctioned to the Company from (ICRA)D (pr
The revised rating as above has been assigned on January 30,2017
Thanking you, Yours faithfui{y
for.(JrHHll RU] A:,ROORAN SUGARS LTDIV .
R t KARTH KEVAN CFO AND C MPANY SECRETARY112, Uthamar Gandhi S11lr;I,'Eldorado' 5th Flo01; Chennol 600 O'.l4. Tel : 044 .2827 6001, 2827 0915, 2828 1298 r:ax :.044-2827 0470
GIN No. : L15421TN'l954PLC002915 Website :www.tasugurs.ln
'l'lllll ll All(J(JIIAN ,'!ill(J,111,'i /,,,IIJll'l 'lllJFebruary 28,2017
BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400 001Dear Sir,
Sub: SEBI (Listing Obligations and :Olsclo11ure Requirements) Regulations, 2015 ·disclosure of events or lnformatlon ·res,Pursuant to Regulation 30 of the aforesaid Regulations, we wish to inform that the Credit Rating Agency, ICRA Limited has, vide their letter cfa.ted February 23,2017 (received by the Compa.ny today) upgraded
the long term rating for the Line of Credit for Rs.339. IS crores (both Fund based and Non Fund ba.sed) sa.nctioned to the Company from (ICRA)D (pronounced !CRA J))to (!CRA)B+ (pronounced !CRA B plus) ; and
the short term rating for the aforesaid Line of Credit sanctioned to the Company from (ICRA)D (pronounced !CRA D) to (ICRA)A4 (pronounced ICRA A four) .
The revised rating as above has been nssigned 011,Jamrnry 30,2017
Thanking you,
Yours faithfull
fo'tHI U ORAN SUGARS LTD
R R KARTH EYAN CFO AND C MPANY SECRETARY112, Uthamar Gandhi Sala/, 'Eldorado' 5th Ploot; Channa/ 600 034. Tel : 044 .2827 6001, 2827 0915, 2828 1298 Pax : 044-2827 0470
CIN No. : L15421TN1954PLC002915 Wobslto : www.tasunars.ln
Thiru Arooran Sugars Limited published this content on 28 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 30 March 2017 08:59:26 UTC.
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