REG - Rolta India Limited - Revision in Ratings <Origin Href="QuoteRef">ROLT.NS</Origin>

Rolta IndiaAnnouncement

31/05/2016 07:06

RNS Number : 6343Z
Rolta India Limited
30 May 2016
  
  
Date: May 30, 2016
To,
Bombay Stock Exchange Limited (BSE) 
Listing Department,
P J Towers, Dalal Street,
Mumbai - 400 001.
To, 
National Stock Exchange of India Limited
"Exchange Plaza"
Bandra Kurla Complex
Bandra (E) Mumbai - 400 051.
Sub: Intimation of revision in Ratings under the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015.
This has reference to the Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 ("the Regulations"). In accordance with the said Regulation(s), please find below the details of revision in ratings for the Company and its subsidiaries.
Name of the Company
Credit Rating Agency
Type of Credit Rating
Existing
Revised
Rolta India Limited
Fitch Ratings
Long Term Foreign and Local Currency IDR
 B
 CC
S&P Ratings
Long Term corporate credit rating
 B+
 CCC-
Rolta Americas LLC 
Fitch Ratings
Senior Unsecured Notes
 B
 CC
S&P Ratings
Senior Unsecured Notes
 B+
 CCC-
Rolta LLC 
S&P Ratings
Senior Unsecured Notes
 B+
 CCC-
Fitch Ratings
Senior Unsecured Notes
 B
 CC
The report from the credit rating agency covering the rationale for the revision in credit rating is enclosed.

Click on, or paste the following link into your web browser, to view the associated PDF document.

http://www.rns-pdf.londonstockexchange.com/rns/6343Z_-2016-5-30.pdf
This is for your information and records. 
Yours Faithfully
Rolta India Limited
Company Secretary
Encl. a/a

This information is provided by RNS
The company news service from the London Stock Exchange
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