Meghmani Organics : CRISIL Ratings To The Bank Facilities Of Meghmani Finechem Limited

MEGH I

ORGANICS LIMITED

CORPORATE OFFICE : "MEGHMANl HOUSE", SHREE NlVAS SOCIETY, PALO!,AHMEDABAD-380 007. (lND!A}

Phone :+91-79-7176 1000 FAX :91-79-26640670 E-mail : exports@meghmani.com Site :www.meghmani.com C!N : l24110GJ1995PLC024052

21/09/2016

To,

The Asst. Vice President

National Stock Exchange of India Limited "Exchange Plaza", Bandra-Kurla Complex, Bandra (East)

Mumbai 400 051 Dear Sir

To,

Mr. Marian Dsouza,

Bombay Stock Exchange Limited Floor- 25, P J Tower,

Dalal Street, Mumbai 400 001

Meghmani Finechem Limited (MFL) is a material subsidiary of Meghmani Organics Limited (MOL).

Kindly do the needful and oblige. Thanking you.

Yours faithfully,

For Meghmani Organics Limited

K D Mehta

Company Secretary & Compliance Officer

Encl: - As above

REGD. OFFICE : PLOT NO. 184, (PHASE II), G.I.D.C. INDUSTRIAL ESTATE, VATVA, AHMEDABAD-382 445. (INDIA) PHONE :91-79-25831210, 25834657 FAX :91-79-25833403, 25892327 E-mail :exports@meghmani.com

A .Go v e r n m ent R e c o g niz e d

3STAR EXPORTHOUSE

GDS 12080/160269/BLR/0816006 J 7

August 17, 2016

Mr. Ashish Soparkar Director

Meghmani Finechem Limited Meghmani House

Shree Nivas Society, Paldi Ahmedabad - 380007

Tel:79 26640668

Dear Mr. Ashish Soparkar,

CONFIDENTIAL

Re: Review of CRISIL Ratings on the bank facilities of Meghmani Finechem Limited 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 CRISIL on the ratings as on date.

(Bank-wise detmls as per Annexure 1)

As per our Rating Agreement, CRISIL would disseminate the ratings, along with the outlook, through its publications and other media, and keep the ratings, along with the outlook, under surveillance over the life of the instrument/facility. CRISIL reserves the right to suspend, withdraw, or revise the ratings, along "'ith the outlook, at any time, on the basis of new information, or unavailability of information, or other circumstances which CRISTL believes may have an impact on the ratings.

fn the event of the company not availing the proposed facilities within a period of 180 days from the date of this letter, a fresh letter ofrevalidation from CRISIL will be necessary.

Should you require any clarifications, please feel free to get in touch with us. With warm regards,

Yours sincerely,

Akshay Pradeep Chitgopekar Director - CRISlL Ratings

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Nivedita Shibu

Associate Director - CRISIL Ratings

A CRISIL rating reflects CRIS/L's current opinion on the likelihood of timely payment of the obligations under the rated instroment and does not constitute an audit of the rated entity by CRISJL. CR/SIL ratings are based on information provided by the issuer or obtained by CR/SIL from sources it considers reliable. CRIS!L does not guarantee the completeness or accuracy of the information on which the ratingis based. A CRISIL ratingis not a recommendation to buy, sell, or hold the rated instroment; it does not comment on the marl

price or suitability to.- a particular investor. All CR/SIL ratings are under surveilfance. Ratings are revised as and when circumstances so

wam;nt. CR/SIL is not responsible for any errors and especially states that it has no financial liability whatsoever to the subscribers I users Itransmitters Idistributors of this product. CR/SIL Ratings rating criteria are available without charge to the public on the CR/SIL web site, www.crisil.com. For the latest rating information on any instroment of any company rated by CR/SIL, please contact Customer Service Helodesk at 1800-267-1301.

CRJSll Limited

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Registered Office: CRISIL House. Central Avenue, Hiranandani Business Park, Powai. Mumbai_ 4 076..Phone: +91 22 3342 3000 l Fax:+91 22 4040 5800

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