Vinyl Chemicals (I) Ltd announced credit rating affirmations and assignments across various instruments, with India Ratings & Research (Ind-Ra) affirming Bank loan facilities of 780, Long-term bank loans of an undisclosed amount at IND BBB+ with a Stable outlook, Long-term bank loan facilities of 500 crore at IND AAA, and Bank Loans of 100000000 at BBB+, while reaffirming Bank Loans of 500 crore at IND AAA with a Stable outlook; additionally, Ind-Ra assigned a rating to Commercial Paper of 100 crore, and assigned a rating of IND A+ to Commercial Paper of 100 crore, noting that a rating upgrade is not expected near term, and affirmed Fund Based Working Capital Limits of 36.00 and 54.00, and Non-Fund Based Working Capital Limits of 250.00, 170.00, 240.00, 18.00, and 12.00, all at IND A1+ and regulated by the RBI with involvement from Union Bank of India, ICICI Bank, and Indian Overseas Bank, alongside a general statement expressing a credible belief in the accuracy of information provided by the issuer and advisors, and an affirmation awaiting details as per Regulation 30 of SEBI (LODR) Regulations, 2015, with no rating data available from India Ratings beyond that statement.
Beware of fraudulent tips, unauthenticated news and advice on stock market.
At BOB Capital, your account security is our topmost priority. Beware of receiving fraudulent communications, unauthenticated trading tips and unsolicited calls on trading in stocks from unverified sources received through WhatsApp, Telegram, SMS, Calls, etc., and take an informed decision before investing.
Report unsolicited messages to the Stock Exchange on +91 8291833676 or email: feedbk_invg@nse.co.in
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Valued Customer,
BOB Capital Markets Limited (BOBCaps) is firmly committed to the safety of your wealth. We would like to bring to your notice certain precautions that you certainly must take against potential tele-fraudsters/ unscrupulous and unregistered portfolio managers:
ALWAYS AVOID
We would like to caution you against such fraudulent calls and SMSes and urge you to be alert. Follow the golden rule:
Do not share your Login Credentials or Passwords with anybody
BOBCaps employees / representatives never ask for your password.
Certain tele-fraudsters / unscrupulous and unregistered portfolio managers call customers or SMS them on the pretext of providing investment tips and lure them to invest through their bogus firms by promising huge profits.
Such deceitful callers ask the customer to share his/her login credentials with passwords to allow trading in their accounts, assuring huge returns.
Often trades done in the customer’s accounts are far from the best interest of the customers. Holdings of customers are often sold and with the funds, trades are then placed in illiquid securities at unrealistic prices.
At times, the holdings of customers are sold at prices detrimental to the customer. The so-called “portfolio manager” assures profits, which naturally does not materialize. Customers are deceived into providing access to their trading accounts, thereby allowing such fraudsters access to funds and securities available to execute trades, injurious to the customer’s interest.
In our continuous effort to keep you safeguard from the market related frauds and increase awareness while conducting trades, we request you to go through the Press Release issued by the NSE and would request you to ensure that you do not engage with the individuals and entities mentioned below: