May 30, 2015
Mumbai
Span Diagnostics Limited
 
Ratings Withdrawn 
 
Total Bank Loan Facilities Rated Rs.415.6 Million
Long Term Rating Withdrawal
Short Term Rating Withdrawal
(Refer to Annexure 1 for Facility-wise details)
 
Rs.58 Million Fixed Deposits Withdrawal

CRISIL has withdrawn its ratings on the bank facilities and fixed deposits of Span Diagnostics Ltd (SDL) at the company's request and on receipt of a no-dues certificate from the bank and auditor's certification. The rating action is in line with CRISIL's policy on withdrawal of its ratings on bank loan facilities and fixed deposits.

Annexure 1 - Details of various bank facilities
Current facilities Previous facilities
Facility Amount (Rs.Million) Rating Facility Amount (Rs.Million) Rating
Cash Credit 190 Withdrawal Cash Credit 190 CRISIL BB/Watch Developing
Corporate Loan 45.8 Withdrawal Corporate Loan 45.8 CRISIL BB/Watch Developing
Letter of Credit 70 Withdrawal Letter of Credit 70 CRISIL A4+/Watch Developing
Proposed Long Term Bank Loan Facility 51.8 Withdrawal Proposed Long Term Bank Loan Facility 51.8 CRISIL BB/Watch Developing
Rupee Term Loan 58 Withdrawal Rupee Term Loan 58 CRISIL BB/Watch Developing
Total 415.6 -- Total 415.6 --
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May 30, 2015

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