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DISCLOSURE UNDER AMENDED REGULATIONS 46(2) OF SEBI (LODR ) ,REGULATIONS, 2015

In February 2018, while considering enhancement of Line of Credit from Rs. 150 crore to Rs. 175 crore, ICRA has revised the short term rating to (ICRA)A1 from (ICRA) A2+ assigned earlier for Line of Credit of Rs. 150 crore. The same will be valid till next surveillance to be done before 25th February, 2019”.