Hot Pursuit
Trident Texofab Ltd announced that CRISIL Ratings Limited has withdrawn credit ratings on its various debt instruments, following a voluntary request from the company. Specifically, CRISIL Ratings has withdrawn the "Crisil B/Stable" rating previously assigned to the Bank Facilities amounting to Rs. 20 Crore, as well as withdrawn ratings on Bank facilities of Rs. 13.25 Crore, a Long Term Loan of Rs. 3.25 Crore, Proposed Fund-Based Bank Limits of Rs. 0.44 Crore, and a Working Capital Term Loan of Rs. 3.06 Crore, all previously linked to Axis Bank Limited; additionally, CRISIL Ratings has also withdrawn ratings on Bank facilities Below Bank's requirement, and has noted a withdrawal of credit ratings with a letter received, while CRISIL Ratings Limited has made a disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.