During the financial year 2021-22, as already informed from time to time, India Ratings and Research Private Limited (???India Ratings???) and Brickwork Ratings India Private Limited (???Brickwork???) had both assigned ratings on the Bank Loan facilities availed by the Company. In order to avoid duplication, the Company intends to retain ratings assigned by India Ratings and had requested Brickwork to withdraw their ratings.Accordingly, Brickwork vide its letter Ref. No. BWR/BLR/CHD/SRC/SL/0892/2022-23 dated May 11, 2022 has confirmed the withdrawal of its ratings with immediate effect.This is for your information and record.
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