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Credit Rating

Credit Rating of Company’s fund raising programmes
ICRA rating in respect of Company’s Line of Credit (November, 2022)

Facility Rated

Rs.1025 Crores Line of Credit.

[The aforesaid Line of Credit refers to/comprises of the Fund based facilities of Rs.525 Crores and Non-Fund based facilities of Rs.500 Crores availed/to be availed from Banks].

Rating
Long-term rating of [ICRA]AA+ with the outlook as on watch with developing implications and Short-term rating of [ICRA]A1+
Facility Rated
Rs.525 Crores Commercial Paper programme.
Rating
[ICRA]A1+

CRISIL rating in respect of Company’s bank loan facilities, non-convertible
Debentures (October, 2022)

Facility Rated

Rating
Bank loan facilities – Rs.700 Cr.
– Long-term rating
CRISIL AA+/Stable
– Short Term Rating
CRISIL A1+

– Non-Convertible Debentures –
Rs.100 Cr.

CRISIL AA+/Stable
Commercial Paper – Rs.525 Cr.
CRISIL A1+
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