A+| A| A-|
Partner with us icon Partner with Us

Corporate Actions

B. D. Industries' long-term bank loan rating downgraded by Acuité due to non-cooperation

04-Aug-26   21:03 Hrs IST
B. D. Industries (Pune) Ltd announced a credit rating update concerning its bank facilities, as reported to the Bombay Stock Exchange under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015. Acuité Ratings & Research Limited ("Acuité") has downgraded the long-term Bank Loan Rating to "ACUITE B- | Issuer not co-operating" and reaffirmed the short-term Bank Loan Rating at "ACUITE A4 | Issuer not co-operating" for the same, with the details being: a Letter of Credit of Rs 6.00 crore, a Proposed Short Term Loan of Rs 2.00 crore, and a Secured Overdraft of Rs 2.00 crore, all carrying the rating "ACUITE A4 | Reaffirmed | Issuer not co-operating" except for the Secured Overdraft which is now rated "ACUITE B- | Downgraded | Issuer not co-operating" (previously "ACUITE B+"), with the rating action solely attributed to the company’s classification as an "Issuer not co-operating" by Acuité.

Attention Investors:

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. || KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. || No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.