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Rating downgrade on basis of earlier financial position: Ess Dee

Speaking to CNBC-TV18, Sudip Datta, Chairman of the company says that the rating agency has assigned rating on basis of Balance Sheet upto March 31, 2015 when certain repayments were delayed.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347

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Rating downgrade on basis of earlier financial position: Ess Dee