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Aditya Vision Ltd announced credit rating actions from multiple agencies pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with CARE Ratings Limited assigning a rating of CARE A+; Stable to its Long Term Bank Facilities amounting to 315.00, a rating of CARE A+; Stable / CARE A1 to its Long Term / Short Term Bank Facilities amounting to 75.00, and a rating of CARE A1 to its Short Term Bank Facilities amounting to 110.00; CARE Ratings also assigned ratings to Cash Credit facilities of 150.00 with HDFC Bank Ltd., 130.00 with Axis Bank Ltd., 20.00 with ICICI Bank Ltd., 15.00 (proposed) and a WCDL facility of 110.00 with ICICI Bank Ltd., and a Working Capital Loan of 75.00 with Federal Bank, while noting information and record purposes only; furthermore, CARE Ratings Ltd. indicated continuous monitoring for Bank Facilities and a review, based on best available information, for Bank Facilities where the issuer is currently NOT COOPERATING, and publications were referenced for CARE Ratings Ltd. without specific rating details, and an unknown agency provided no rating information.
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