Metro Brands : Credit Rating

metro

BRANDS

Date: March 30, 2022

The Manager

Listing Department BSE Limited,

The Manager Listing Department

Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001

National Stock Exchange of India Limited,

Scrip code: 543426

"Exchange Plaza", 5th Floor, Plot No. C/1, G Block, Bandra - Kurla Complex, Bandra, Mumbai-400051.

Symbol: METROBRAND

Dear Sir/Ma'am,

Subject: Credit Rating Re-affirmation.

Ref:

Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 30 and all other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Care Edge Ratings vide letter dated 29° March 2022 reaffirmed Credit rating, A1+ for short term and AA for Long term Bank facilities. The outlook is stable. The instrument wise rating is as follows:

Facilities/Instruments	Amount (in crore)	Rating
Sr No
Long-term/Short-term Bank	29.00	CARE AA; Stable/CARE Al+
1.
(Enhanced from 25.00)	(Double A; Outlook: Stable/A
Facilities
One Plus)
Total Bank Facilities

29.00 (Rs. Twenty-nine crore only)

Request you to take the above information on record.

Yours faithfully,

For Metro Brands Limited

(5}

peessGc@

(Company Secretary & Compliance Officer)

Membership No: 16019

METRO BRANDS LIMITED Registered Office: 401, Zillion, 4th Floor,

Email:[e-mail] Website:www.metrobrands.com

CIN: L19200MH1977PLC019449 ISO 9001: 2015 Company •

LBS Marg & CST Road Junction, Kurla (W), Mumbai - 400070. Tel: [phone]