By Senthilkumar A.S

India Ratings and Research (Ind-Ra) has withdrawn Dredging Corporation of India Limited’s (DCI) ‘IND AA’ Long-Term Issuer Rating. The Outlook was Stable.

The rating has been withdrawn as there are currently no instruments of DCI rated by Ind-Ra.

Ind-Ra will no longer provide ratings or analytical coverage for DCI. 


SOLICITATION DISCLOSURES

Additional information is available at www.indiaratings.co.in. The ratings above were solicited by, or on behalf of, the issuer, and therefore, India Ratings has been compensated for the provision of the ratings. 

Ratings are not a recommendation or suggestion, directly or indirectly, to you or any other person, to buy, sell, make or hold any investment, loan or security or to undertake any investment strategy with respect to any investment, loan or security or any issuer. 

PARTICIPATION DISCLOSURES

The issuer did not participate in the rating process, or provide additional information, beyond the issuer's available public disclosure. 

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Applicable Criteria

Analyst Names

  • Primary Analyst

    Senthilkumar A.S

    Director
    India Ratings and Research Pvt Ltd 6-3-339, Ozone Complex, 1st Floor Punjagutta Main Road Hyderabad 500082
    04040178613

    Media Relation

    Mihir Mukherjee

    Manager Corporate Communications and Investor Relations
    +91 22 40356121