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| Exchange Received Time 16/05/2018 21:31:33 Exchange Disseminated Time 16/05/2018 21:31:43 Time Taken 00:00:10 | Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that ICRA Ltd and CARE Ratings has reviewed the Company's ratings as under:
a) ICRA has reaffirmed the long term rating as ICRA (AA minus) (pronounced
ICRA double A minus) with a positive outlook.
b) CARE ratings has reaffirmed the long term bank facilities as CARE AA
(pronounced double A). The outlook on the long term facilities has been
revised to 'Negative' from 'Stable'.
c) ICRA and CARE have reaffirmed rating for the short term bank facilities
as ICRA A1+ and CARE A1+ and respectively.
Kindly, take the above information on record.
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