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

Corporate Actions

Som Distilleries' ratings lowered by Infomerics due to a manufacturing license suspension

20-Aug-26   21:10 Hrs IST
Som Distilleries & Breweries Ltd announced a revision of its credit ratings and those of its subsidiary, Woodpecker Distilleries and Breweries Private Limited, by Infomerics Ratings, primarily reflecting the impact of a temporary manufacturing license suspension. Specifically, Infomerics Ratings has revised the company’s long-term bank facilities rating to BB+ with a stable outlook from the previous BBB, and the short-term rating to A4+ from A3+, while Woodpecker Distilleries and Breweries Private Limited received the same rating adjustments; no other rating agencies are mentioned, and there are no enhancements, assignments, or withdrawals related to any instruments beyond these stated rating actions.

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.