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Exchange Received Time  10/08/2018 14:10:42 Exchange Disseminated Time 10/08/2018 14:10:52 Time Taken 00:00:10 | Pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we would like to inform you that The ICRA Limited ('ICRA') vide its letter dated August 09, 2018 has revised the long term credit rating to [ICRA]AA (pronounced ICRA double A) from [ICRA]AA- (pronounced ICRA double A minus) and re-affirmed the short term rating as [ICRA]A1+ (pronounced ICRA A one plus) to the Company on the Working Capital Facilities and Term Loan Facility. ICRA has also re-affirmed credit rating of [ICRA] A1+ (pronounced as ICRA A one plus) of Commercial Paper (CP) issue of the Company. The Outlook on Long Term Rating has been revised to Stable from Positive. Kindly take the above information on records. |
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