ISGEC Heavy Engineering Ltd announced that ICRA Limited has reaffirmed long-term ratings of [ICRA]A(Stable) and short-term ratings of [ICRA]A2+ for various instruments, including a Line of Credit of 905, a Line of Credit of 75, a Line of Credit of 140, a Line of Credit of 40, a Line of Credit of 110, a Line of Credit of 135, a Line of Credit of 100, a Line of Credit of 50, a Line of Credit of 60, a Line of Credit of 40, and a Line of Credit of 15; Fund-based/Non-fund based-Others amounting to 845.00; Unallocated limits-Unallocated limits of 60.00; and Fund-based/Non-fund based Working Capital Facilities of 40.00, 110.00, 135.00, 75.00, 55.00, 140.00, 100.00, 50.00, all maturing on October 01, 2026; the reaffirmation applies to instruments held by Standard Chartered Bank, State Bank of India, HSBC Limited, Kotak Mahindra Bank Limited, HDFC Bank Limited, IDFC FIRST Bank Limited, Federal Bank Limited, RBL Bank Limited, ICICI Bank Limited, and YES Bank Limited, as well as those related to Subsidiary and Joint Venture: Isgec Hitachi Zosen Limited, and includes a Financial Sector Regulator instrument of 845.00 and Unallocated limits of 60.00, with no rating changes or assignments noted, and no withdrawals reported.
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: