Sub.: Intimation for Credit Ratings under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Dear Sir/Madam,
We are pleased to inform you that the CARE Rating Limited has reaffirmed our Rating for the financ ial year 2020-21Audited and Nine Months ended un-audited for the FY-2021
22.T he Details are as hereunder:
Facilities
Amount
Rating
Rating Action
(Rs. in Crores)
Long Term Bank
85
CARE A+;Stable
Reaffirmed
Facilities
(Single A Plus;
Outlook; Stable)
Long term / short
1415
CARE A+;Stable/
Reaffirmed
term Bank Facilities
CARE A1 (Single
..
A Plus; Outlook;
Stable/A One)
Total:
1500 Crores
Kindly acknowledge the receipt and take the same on your records.
(Corporate Identification Number : L45101DL1979PLC009654)
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Ahluwalia Contracts (India) Limited published this content on 23 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 March 2022 05:23:02 UTC.
Ahluwalia Contracts (India) Limited is an India-based engineering, procurement and construction (EPC) company. The Company is primarily engaged in the business of civil construction activities. The Company is also engaged in developing and operating a commercial complex under a license arrangement and is also engaged in the real estate trading business. It is focused on construction of buildings, such as residential and commercial complexes, information technology parks, institutional buildings, hospitals and corporate office, airport, medical colleges, metro stations, industrial and townships, urban infrastructure, and others. Its projects include hotel projects, such as Leela Palace Five Star Hotel, Pullman & Novotel Hotel, and ITC Gardenia Five Star Hotel; hospital projects, such as BPS Mahila Vishwavidyalaya, Tata Medical Centre and Fortis Super Specialties Hospital; commercial and institutional projects, such as Samrat Ashok Convention Kendra, IFCI Tower, and Cyber Green.