Corporate Actions

Back

Jain Irrigation's Rs 2,930 crore bank loan facilities maintain a CRISIL BBB- /Negative rating

10-Oct-26 13:27 Hrs IST

Jain Irrigation Systems Ltd announced that it has received credit rating updates concerning its outstanding debt instruments, disseminated as per Regulation 30 of SEBI (LODR) Regulations, 2015, with unspecified rating agencies providing information on Bank Loan Facilities and Non-Convertible Debentures; CRISIL Ratings Limited reaffirmed (reduced levels) and subsequently withdrew ratings for certain Bank Loan Facilities and Non-Convertible Debentures (NCDs), while reaffirming ratings of CRISIL BBB- /Negative for Bank Loan Facilities aggregating Rs 2,930.00 crore (maturing August 18, 2026), Rs 2,711.07 crore (maturing September 16, 2026), and Rs 2,705.91 crore (maturing October 09, 2026), and reaffirmed ratings of CRISIL BBB- /Negative for NCDs amounting to Rs 785.63 crore (maturing August 18, 2026) and Rs 566.99 crore (maturing October 09, 2026), with NCDs totaling Rs 218.64 crore and Bank Loan Facilities of Rs 5.16 crore having their ratings withdrawn following confirmation of redemption and reduction in total facilities, respectively.

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.