Mr. Sabu M Jacob Managing Director Kitex Garments Limited PB No5, Kizhakkambalam Kochi, Kerala- 683 562November 10th, 2020
FiledNovember 10th, 2020Please refer the Rating Agreement dated July 31, 2014 and RRF No. CHN/2014-15/142 dated July 31, 2014 between ICRA Limited (“ICRA) and your company, whereby, ICRA is required to review the ratings assigned to your company on an annual basis or as and when the circumstances so warrant. Further, please refer RRF No. HYD/2020-21/100 dated October 28, 2020 and Rating Agreement dated November 2, 2020 seeking an enhancement of the captioned line(s) of Credit (LOC) of your company from Rs.180.02 crore to Rs.243.02 crore.