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                  Bankers / Auditors / Rating

                  Bankers - Vadodara Station

                  • Central Bank of India
                  • State Bank of India
                  • Bank of Baroda
                  • Oriental Bank of Commerce
                  • IDBI Bank Limited
                  • Indian Overseas Bank

                  Bankers - Surat Lignite Power Plant

                  • Syndicate Bank
                  • State Bank of India
                  • Oriental Bank of Commerce
                  • Indian Overseas Bank
                  • Kotak Mahindra Bank
                  • Karur Vysya Bank
                  • Central Bank of India
                  • Union Bank of India
                  • Bank of Baroda

                  Auditors

                  • Statutory Auditors:
                    M/s. CNK & Associates LLP, Chartered Accountants, Vadodara
                  • Secretarial Auditors:
                    M/s. TNT & Associates, Practicing Company Secretaries, Vadodara
                  • Internal Auditors:
                    M/s. K.N.Mehta & Co., Chartered Accountants, Vadodara
                  • Cost Auditors
                    M/s Diwanji & Company, Cost Accountants, Vadodara

                  CARE Rating

                  The Company's Short Term and Long Term Debt have been rated by Credit Analysis & Research Limited (CARE) and their current ratings as per CARE's long term and short term facilities rating process are as under:

                   “CARE AA-; Stable” in respect of Long-term Bank facilities 

                  “CARE AA-; Stable / CARE A1+” in respect of Long Term/Short Term Bank Facilities 

                  “CARE A1+” in respect of Short Term Bank Facilities 

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