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  • Credit Rating (Company Update)

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    Shyam Sunder
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    1) CARE Limited has revised credit ratings for REMI PROCESS PLANT AND MACHINERY LIMITED. 2) Long term fund based facilities of Rs. 5 crores have been rated CARE BBB- with a negative outlook. 3) Short term non-fund based facilities of Rs. 8 crores have been rated CARE A3.

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    Credit Rating [Company Update]

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    1) CARE Limited has revised credit ratings for REMI PROCESS PLANT AND MACHINERY LIMITED. 2) Long term fund based facilities of Rs. 5 crores have been rated CARE BBB- with a negative outlook. 3) Short term non-fund based facilities of Rs. 8 crores have been rated CARE A3.

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    8 views1 page

    Credit Rating (Company Update)

    Uploaded by

    Shyam Sunder
    1) CARE Limited has revised credit ratings for REMI PROCESS PLANT AND MACHINERY LIMITED. 2) Long term fund based facilities of Rs. 5 crores have been rated CARE BBB- with a negative outlook. 3) Short term non-fund based facilities of Rs. 8 crores have been rated CARE A3.

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    of 1

    REGD.

    OFFICE :
    REM! HOUSE. 11. CAMA INDL ESTATE.
    WALBHAT ROAD, GOREGAON (E).
    MUMBAI - 400 063.
    TEL 022-4058 9888 I 268.5 1998
    FAX : 022-2685 3868 I 2685 2335
    CIN, L28920MH1974PLC017683
    &Ml PROCESS PLANT AND MACHINER'I LTD. EMAIL , remiprocess@remlgroup.com
    WEB.SITE: www.remigroup.com

    March 30, 2017

    To
    The General Manager - Dept. Corporate Services,
    Bombay Stock Exchange Limited,
    25th Floor, Phiroze Jeejeebhoy Towers,
    Dalal Street, Mumbai - 400 001

    Scrip Code: 5(>5658


    Sub: Credit Ratings

    Dear Sir,

    This is to inform you that CARE Limited has informed rating for the bank facilities
    in the following manner:

    a) For Long term (Fund based) facilities for Rs.5.00 crores, rating has
    been revised as CARE BBB-; Negative and

    b) For Short term (non-fund based) facilities for Rs. 8.00 Crores, rating
    has been revised as CARE A3

    Yours faithfully,

    For REMI PROCESS PLANT AND MACHINERY LIMITED

    RISHABH R. SARAF
    DIRECTOR v
    Encl.: a/a

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