KOTHARI FERMENTATION AND BIOCHEM [TD.

CIN : 17241 1DLl990PLCO425O2

REGD, OFFICE: 16, COMMUNITY CENTRE. IST FLOOR. SAKET, NEW DELHI.'I I OOI 7
TEL, : 2651 7 665, 26850004. 40590944 FAX 9l -0-| l-41664840 E-moil : kfbl@oirtelmoil.in

Web : www.kothoriyeost.in

To,

8thJuly, 2016

The Manager- Listing,

The Bombay Stock Exchange limited,
Phiroz Jeejeebhoy Towers,

25s Floor, Dalal

Mumbai-40fi)01

Street,

Ref: Scrip Code No.507474

Subiect: Assisnment of CRISIL Ratinss for the Bank Facilities of the Comoanv
Dear Sir,

Pursuant to Regualation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we
wish to state that CRISIL has reaffirmed credit ratings to the bank facilities of the company as under:

Total Bank Loan Facilities Rated

LongTerm Rating
ShortTerm Rating

300 Million
BB+/Stable (Reaffirmed)
CRISI L A4+ ( Reaffirmed)
Rs.

CRISIL

Kindly take the above on record.

Thanking you,
Yours sincerely

#tr
FOT

KOTHARIFERMENTATION & BIOCHEM TIMITED

Company Secretary

Foctory: D 6-12, RAJARAMPUR, UPSIDC

INDUSTRIAL AREA, SIKANDRABAD, DISTT, BULANDSHAHR (U. P)-20320s

TEL. : (05735) 223177 Fax : (05735) 223176

CRISIL

-T Ratings

An S&PGlobalCompany

CONFIDENTIAL
KOTFERM/ I 54660/8LR/07 I 600 I 69
July 05,2016
Ms. lshn Gupta
Authorized SignatorY

Kothari Fermentation And Biochem Limited

16, Cornmunity Centre, lst Floor,
SaKet,

NEW DELHI .110047

Tel:9899339542
Dear Ms. Isha GuPta,

Biochem Limited
Re: Review of CRISIL Ratings on the bank facilities of Kothari Fermentation And

All ratings

assigned by CRISIL are kept under continuous surveillance and review'

please find in the table below the ratings outstanding for the debt instruments/facilities of the company, and the
rating actions by CNSIL on the ratings as on date.

Total Bank Loan Facilities Rated

Lons-Term Rating
Short-Term Rating
(Bank-wise detqils as per Annexure

ns:OO Million (Enhanced from Rs.200

CRISIL BB+/Stable (Reaffi rmed)
CRISIL A4+ (Reaffirmed)

MillioD

I)

the.-outlook, through its

As per our Rating Agreement, CRISIL woulcl disseminate the ratings, along with
over the life of
surveillance
nnder
outlook,
the_
with
along
ratings.
the
publications and other media, and keep
the ratings, along with the
the insffument/facility. aRISit ,.r"ru", the righl to suslend, withdraw, or revise
information, or other circumstances
outlook, at any time, on the basis of new information, or unavailability of
which CRISIL believes may have an impact on the ratings'

this
not availing the proposed facilities within a period of I 80 days from the date of
necessary.
be
letter, a fresh letter of revalidation from CRISIL will

I' the event of the company

this date, please insist for a new rating letter (dated later
please visit www.crisil.com to confirm that the rating continues to be under surveillance

This letter will remain valid

than March

3l,20l:').

and the rating is

till March 3l,2An. After

still valid-

should you require any clarifications, please feel free to get in touch with us.
With warm regards,
Yours sincerely,
-'-"o

-#t

{-

***F*.-** *.1
.^' -.r'*'ltl
t-F,T
-\

1.;"=.;'

Aditya M Sarda
Directot - CRISIL Ratings

...

]l-it:'

i: :

Nivedita Shibu
Associate Director - CRISIL Ratings

airrent op'niot. n the

of the rated entity by cnlsrr-. cnrblr- ratings'aie'basecl on informition provided by the issuer or obtained
informatio.n on,,wnicn
f9,
by CRISIL from sources it considers retiabte.'CRtslL does iot guaranteie the compteteness or accuracy of the
rated,!::r:y::!,,it-!:2::2t"":::":::Lr!r:#!::
ratins is based. A CRtStt ratiis isioi i iriorr"rqatig! io biy, sel, or hotd the
so
circumstances
and
when
as
re'vised
are
Ratings
iiiJ oi iiiiiinity for a part;cutir investor. Ail cRtstL ratings are under suNeillance.
whatsoe.ver to the subscribers /
warrant. CRtStL is nct responsible for any errors and esiecially staies that it has no financia! liabilv

@s

does not consiitute

an

audit

I
I

without charge tq the public on the CRlslL

transmitters distriautiri or tnis proauct. CR/S/L Ratlngs rating ciieria are available
rated by CRIS/L, p/ease contact Customer
company
of
any
instruntent
ahy
on
information
rating
latest
For
the
web ste, www.crisilrcom.
at 1800-267-13C1
users

Cdnssifisafiileo:

EXTERI'JAL

Corporate ldentity Number: L67120MH1987P1C042363

Registered Office: CRlSlt- House, Central Avenue, Hiranandani Business Park, Powai, Mumbai - 400076. Phone: +91 22 3342 3000
www.crisil.com

Fax +91 22 4040 5800

CRISIL

Ratings

An S&PGtobalCompany

Annexure

- Bank-wise details of various facility classes (outstanding facilities)

Bank Facility

Bank

Bank Guarantee

Bank

Cash Credit

S.No.

a
J

Punjab National
Punjab National

Term Loan

Outstanding

Million)

Ratins

18.5

CzuSIL 44+

CRISIL

'75.0

BB+/Stable

Bank

Proposed Long Term Bank Loan

Facilitv

Amount (Rs. in

Proposed
Punjab National

Bank

CRISIL

79.5

BB+/Stable

CRISIL

127.0

BB+/Stable

300.0

Total

at 1800-267-1301

EXTERNAL
Corporate ldentity Number: 167120MH1987PLC042363

RegisteredOffice:CRlSlLHouse,CentralAvenue,HiranandaniBusinessPark,Powai,Mumbai-400076.
www.crisil.com

Phone:+912233423000

| Fax+912240405800