ProfessionalRisk Opinion
CARE/KRO/RL/2016-17/1550
Ms. Bhavna
Khemka
CFO
Tea & Industries
Dhunseri
"Dhunseri
House"
4A, Woodburn
Kolkata
Ltd.
Park
- 700 020.
October
6, 2016
Confidential
Ma'am,
Credit rating for bank facilities
On the basis of recent
company
developments
including
operational
has reviewed
.
Amount
(Rs. erare)
Facilities
67.00
(enhanced from 65.00)
- Cash Credit
58.11
(reduced from 66.38)
and financial
performance
the following
of your
ratings:
Rating!
Remarks
CARE A+
(Single A Plus)
Reaffirmed
125.11
(Rs. One hundred twenty five
Total
2.
Refer Annexure
3.
The rationale
4.
CARE reserves
to you separately.
a surveillance/review
warranting
such review,
every year.
....~.. .-'"
lComplete definitions of the ratings assigned
Ofe
available at www.carerotings.com
publications.
Page 1 of 3
CREDIT ANALYSIS & RESEARCHLTO.
CORPORATEOFFICE: 4" Floor, Godrej Coliseum, Somaiya Hasp!t,,1 Road.
Off E.utll!!rn Express Highway, Sion (E), Mumbal400 022.
Tel.: +91.22-6754 3456; FAX:+91-22~67S4 3457
Email: care@careratlngs.com
I www.careratlngs.com
CIN-l6 7190M H1993PlC071691
5.
in
the assigned rating in any manner considered appropriate by it, without reference to
you.
6.
CARE ratings do not take into account the sovereign risk, if any, attached to the
foreign currency loans, and the ratings are applicable only to the rupee equivalent of
these loans.
7.
for latest
~ ....<- ~ "-=~~-~
T)b~
(Utkarsh Nopany)
(Ishan Marda)
Manager
ishan.m ard a@careratings.com
:\.
Manager
utka rsh. no pany@careratings.com
Enc!.: As above
Disclaimer
CARE's ratings are opinions
the concerned
on credit
bank facilities
of any information
In case of partnership/proprietary
withdrawal
Most
J:~~r!?fmanceand
or the
entities
whose
the rating
strength
unsecured
other relevant
to sanction,
renew,
guarantee
bank facilities/instruments
the accuracy,
arc rated
adequacy
assigned
loans brought
in by the
partners/proprietor
in addition
factor~:
deployed
change
by the
in case of
to the financial
__.....
CREDIT ANALYSIS
1600 I 02
or recall
obtained
Page 2 of 3
Tel: +91-33-4018
disburse
concerns,
of capital
and reliable.
by it to be accurate
quality
&
(Shllgun Mall8ldg.',
Fax: +91.33.4018
1603
RESEARCH LTO.
lOA. Shakespeare
Email: care@careratlngs.com
C1N-L67190MH 1993PLC071691
www.careratings.com
Annexure
long-term
facilities
Sr. No.
..
CC'
specify)
16.00
16.00
15.00
3
4
Bank of Baroda
9.00
9.00
2.00
2.00
16.00
1--_.
__
..
9.00
67.00
TOTAL
--_15.00
..._--'
16.00
9.00
67.00
'CC~Cash credit
~I
of Credit
Tenure
Amount
Name of Bank
(Rs. crore)
~
1.
letter
Induslnd bank
58.11
(U5D 8.761 mn)
instalments
58.11
TOTAL
Total long-term
facilities
(LA.
Page 3 of 3
I Fax: +91.33.4018
1603 I Email:care@careratlngs,com
I www.careratin9s.com
of RS.3.58