ICRA Limited PRESS RELEASE APRIL 28, 2010



PRESS RELEASE APRIL 28, 2010 for ratings of Cholamandalam DBS Finance Limited, DT Projects Limited, M. K. Roy & Bros Projects, PNP Polymers Private Limited, PNP Polytex Private Limited and more

  • ICRA assigns LAA- rating (rating under watch with developing implications) to the Subordinated debt programmes of Cholamandalam DBS Finance Limited
  • ICRA revises ratings assigned to the bank facilities of DT Projects Limited {formerly DLF Laing O’Rourke (India) Limited}
  • ICRA assigns LB+ and A4 ratings to bank facilities of M. K. Roy & Bros Projects Private Limited
  • ICRA assigns LBB and A4 ratings to the bank facilities of PNP Polymers Private Limited; assigns stable outlook
  • ICRA assigns LBB and A4 ratings to the bank facilities of PNP Polytex Private Limited; assigns stable outlook
  • ICRA assigns LBB- (stable) rating to the bank lines of Amit Brothers Private Limited
  • ICRA revises the ratings for bank facilities of Asian Peroxides Limited
  • ICRA assigns LAA+ rating with a stable outlook to Rs. 10 billion non-convertible debenture and Rs. 1 billion subordinated debt programmes of Sundaram Finance Limited
  • ICRA reaffirms the ratings assigned to Wilbur Smith Associates Private Limited’s bank lines
  • ICRA assigns LBB and A4 ratings to bank facilities of Vita Granito Private Limited
  • ICRA reaffirms the LBBB-/A3 ratings assigned to the bank lines of Sabero Organics Gujarat Limited
  • ICRA assigns LBB and A4 ratings to the bank facilities of Sogo Computers Private Limited

ICRA Limited
(An Associate of Moody’s Investors Service)
Building No. 8, 2nd Floor, Tower A
DLF Cyber City, Phase II
Gurgaon 122002
Tel + (91 124) 4545300, 4545800
Fax+(91  124)  4545350/4545850