Control Print Limited has announced that CRISIL Ratings Limited has migrated the company's credit ratings. The long-term bank facilities are now rated CRISIL BB INC/Stable, and the short-term bank facilities are rated CRISIL A4+ INC. This migration occurred because the company had initiated the process to withdraw its credit ratings from CRISIL. Consequently, Control Print Limited did not submit the Non-Default Statement to CRISIL, leading to this rating migration. The company has provided this disclosure in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
