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Exchange Received Time  08/01/2018 16:06:10 Exchange Disseminated Time 08/01/2018 16:06:16 Time Taken 00:00:06 | Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 -Intimation w.r.t. up-gradation of Credit Rating. Dear Sir, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), we wish to inform you that India Ratings & Research(Ind-Ra), credit rating Agency, has upgraded the Company's Long-term Issuer Rating to 'IND BBB+' from 'IND BBB' and the Outlook is stable. The instrument-wise ratings are as follows: Instrument Type Rating/outlook Rating Action Fund-based Limit IND BBB+/Stable/IND A2 Upgraded Non Fund based Limit IND A2 Upgraded Term Loan IND BBB+/Stable Upgraded The release as issued by Ind-Ra dated 8th January, 2018 is enclosed. We request you to take the above information on record. |
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