By Ratnam Raju Nakka

India Ratings and Research (Ind-Ra) has withdrawn the ‘IND D(suspended)' rating on Coastal Oil and Gas Infrastructure Pvt Limited’s (COGIPL) INR6,418.5m bank loan facilities.

The rating has been withdrawn due to lack of adequate information. Ind-Ra will no longer provide ratings or analytical coverage of COGIPL’s bank loans. 

The agency 
suspended COGIPL's bank loan rating on 8 February 2016. 


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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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Analyst Names

  • Primary Analyst

    Ratnam Raju Nakka

    Associate Director
    India Ratings and Research Pvt Ltd Wockhardt Towers, 4th floor, West Wing Plot C-2, G Block. Bandra Kurla Complex Bandra (East), Mumbai 400051
    +91 22 40001742

    Media Relation

    Mihir Mukherjee

    Manager Corporate Communications and Investor Relations
    +91 22 40356121