Hi Tech Pipes : Credit Rating

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To

Manager,

National Stock Exchange of India

Limited

~

~

Exchange Plaza, Plot No. C/1, G Block, Bandra Kurla Complex- Bandra (E),

Mumbai-400051

NSE Symbol: HITECH

Subject: Intimation of Credit Rating

Dear Sir/ Madam,

Listing Department, BSE Limited

G@ [phone]

S% info@hitechpipesin

&

hitechpipes.in

Date: 20% April, 2022

Phiroze Jeejeebhoy Towers, Rotunda Building, Dalal Street, Fort

Mumbai- 400001

Scrip Code: 543411

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is to informed that Infomerics Valuation and Ratings Pvt. Ltd. has assigned IVR Al (IVR A One) Credit Rating for Proposed Commercial Paper of the

Company

for

Rs.10.00

Crore

(Rupees

Ten

Crore).

Please

note

that

appropriate

intimation shall be provided to the Stock Exchange(s) if and when Company issues

Commercial Papers.

Details of Credit Rating:

Instrument/ Facility

Amount (Rs.Crore) | Ratings*

Proposed Commercial Paper 10.00

Total 10.00

(INR Ten Crore Only)

IVR Al

(IVR One)

Rating Action Assigned

A

The

Complete

rating

rational

may

also

be

accessed

https: //hitechpipes.in/pdf/Credit%20Rating/Credit_Rating_ Proposal_Commercial_Pa pers_19042022.pdf

Kindly place the same on your record.

Thanking You, roche Batepheingtddmitea

mpany-Secretary ompany Secretary & Compliance Officer

at

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