India Ratings Downgrades B. K. Exports's Bank Facilities to 'IND D(ISSUER NOT COOPERATING)'

India, May 6 -- India Ratings and Research (Ind-Ra) has downgraded B. K. Exports's bank facility rating to 'IND D(ISSUER NOT COOPERATING)' from 'IND C(ISSUER NOT COOPERATING)'/'IND A4(ISSUER NOT COOPERATING)'. The issuer did not participate in the rating review, despite continuous requests and follow-ups by the agency. The rating thus is based on the best available information. Therefore, investors and other users are advised to take appropriate caution while using the rating.

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