Tara Jewals Lid
Plot 29 (P) & 30 IPI, Sub plot A
4 SEEPZ SEZ, Andher (El,
+4 Mumbai 400 096
0.491 22 66774446
,
tara. Wee
December 14, 2015
To To
‘The Secretary
‘The Secretary Listing Department
Department of Corporate Services National Stock Exchange of India Limited
BSE Limited Exchange Plaza, Bandra Kurla Complex
P. J. Towers, Dalai Street Bandra (East), Mumbai- 400050
Mumbai ~ 400 001
Dear Sir,
Ref.: BSE Scrip Code: 534756/ NSE Symbol: TARAJEWE]
Dear Sir/Madam,
Please Find enclosed Credit Rating for Bank Facilities received from Credit Analysis
and Research Lid (CARE) dated December 10, 2015 for FY15 (A) & H1FY16 (UA).
Kindly take the same on your records.
‘Thanking you,
Registered Office : Tara Jewels Ltd,, Plot No. 122, 15th Road, Near IDB! Bank, MIDG, Andheri (El, Mumbai - 400.079.
Tel «91 22 6641 7888 / Fax. +91 22 6641 7786
{CIN) L52393MH2001PLC13125228 Rat
ngs | ER
Professional Risk Opinion, Sa le
CARE/HO/RL/2015-16/2803
Mr. Sanjay Sethi
CFO
Tara Jewels Limited
Plot No. 29(P) & 30 (P), Sub Plot ‘A’, SEEPZ,
SEZ, Andheri (E), Mumbai- 400096
December 10, 2015
Confidential
Dear Sir,
rating for bank
ies,
‘On the basis of recent developments including operational and financial performance of your
company for FY15 (A) & H1FY16 (UA), our Rating Committee has reviewed the following ratings:
‘Amount
Si aoeye Ratings! Remarks
Long-term / Short-term
(Fund-based) 496 CAREBB(DoubIE A) | cage aoe rine Plus) /
Long-term / Shorter ‘CARE AA (A Four) ia
(Won-fund Based) fou CARE A2 (A Two)
Total Facilities 743
{Seven hundred and
forty three crore)
Refer Annexure 1 for details of rated facilities.
3. The rationale for this
rating will be communicated to you separately.
4, CARE reserves the right to undertake a surveillance/review of the rating from time to time,
based on circumstances warranting such review, subject to at least one such
review/surveillance every year,
5. CARE reserves the right to suspend/withdraw/revise the rating assigned on the basis of new
information or in the event of failure on the part of the company to furnish such
information, material or clarifications as may be required by CARE. CARE shall also be
‘omplete definition of the ratings assigned are available ot www.careratings.com and other CARE publications
Page 1of3,
CREDIT ANALYSIS & RESEARCH LTD.
(CORPORATE OFFICE: 4” Fer, Godrej Colum, Somaya Hospital Ron, Ot Easter Express Highway, Sion ), Mumbal 400022.
Tels 91-22-6754 2456; Fan: ¥91-22-6754 3457 [Emaikcare@earerting om | vovu.crerating comentitled to publicize/disseminate such suspension / withdrawal / revision in the assigned
rating in any manner considered appropriate by it, without reference to you.
6. CARE ratings do not take into account the sovereign risk, if any, attached to the foreign
currency loans, and the ratings are applicable only to the rupee equivalent of these loans.
7. Users of t
rating may kindly refer our website www.careratings.com for latest update on
the outstanding rating.
8. CARE ratings are not recommendations to sanction, renew, disburse or recall the concerned
bank facilities.
If you need any clarification, you are welcome to approach u:
in this regard.
Thanking you,
Yours faithfully,
Ons Wy
[Toufig Lakhani] [Divyesh Shah]
Analyst Asst. Gen. Manager
toufig.lakhani@careratings.com divyesh.shah@careratings.com
Encl.: As above
Disclaimer
CARE's ratings are opinions on credit quality and are not recommendations to sanction, renew, disburse or recall
the concerned bank facilities or to buy, sell or hold any security. CARE has based its ratings on information obtained
fom sources believed by it tobe accurate and reliable. CARE does nat, however, guarantee the accuracy, adequacy
cor completeness of any information and is not responsible for any errors or omissions or for the results obtained
from the use of such information. Most entities whose bank facilties/instruments are rated by CARE have paid 2
credit rating fee, based on the emount and type of bank facites/nstruments
In ease of partnership/proprietary concerns, the rating assigned by CARE is based on the capital deployed by the
partners/proprietor and the financial strength of the firm at present, The rating may undergo change in case of
withdrawal of capital or the unsecured loans brought in by the partners/proprietor in addition to the financial
performance and other relevant factors.
Page 2 of 3
CREDIT ANALYSIS & RESEARCH LTD.
‘CORPORATE OFFICE: 4 Floor, Gare) Colssum, Somaya Hospital Road, OM Easter Express Highway, Sion (€, Mumbai 400 02.
Tel: #91-22-6754 3456, Fans 491.22-6756 3457 [mal care@carertingscom | wonw creratings com1. Long / Short term facilities
Annexure 1
Details of Rated Facilities
A. Fund Based limits sanctioned by consortium of bankers
{Rs Crore)
Name of Bank SANCTIONED LIMITS
Non -Fund
Fund (EPC/PSC /BD) {uc/B6/sBLc) Total
‘State Bank of india 120 : 120
Punjab National Bank 47.50 68.00 115.50
Union Bank of india 60, = 60,
Bank of India 48 23 a
State Bank of Patiala 25 7 25
Axis Bank Uta) 30 20 50
1081 Bank 15 10 25,
Central Bank of india 30 20 50.
Corporation Bank 25 4a 66
vijaya Bank 25.50 30.00 55.50
EXIM Bank 25 5 50
(Canara Bank 35 20 5s.
Total 486 237 743,
Total Long term / Short term facilities - Rs.743 crore
CREDIT ANALYSIS & RE:
‘CORPORATE OFFICE: # Floar, Gad) Co
Tels #91-22-6754 3856; Fx
Page 3 of 3
‘Somaiya Hospital Roa
Highway Sion
72.6758 3457 [Email care@careratinge com | an carertingt.2om