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Va Tech Wabag Ltd.

BSE: 533269 Sector: Engineering
NSE: WABAG ISIN Code: INE956G01038
BSE 00:00 | 24 Apr Va Tech Wabag Ltd
NSE 05:30 | 01 Jan Va Tech Wabag Ltd

Announcement under Regulation 30 (LODR)-Credit Rating

April 7, 2020, 10:53 pm | Source: BSE

Pursuant to Regulation 30(6) SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 we hereby inform you that ICRA has revised its ratings of the Company as under:
Instrument/Facilities Rating
Long term: Fund based [ICRA]A(Negative) revised from facilities [ICRA]A+(Negative)
Long term/ Short term: [ICRA]A(Negative)/ [ICRA]A2+ revised Non-fund Based from [ICRA]A+(Negative)/ Facilities [ICRA]A1
Long term/ Short term: [ICRA]A(Negative)/ [ICRA]A2+ revised Proposed from [ICRA]A+(Negative)/ facilities [ICRA]A1

The companys liquidity continues to remain adequate with cash flow which witnessed an improvement in 9MFY2020 and cash balance as on December 31 2019 stood at Rs. 310.2 crore of which Rs. 229.2 crore is free cash...