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| Exchange Received Time 16/03/2018 15:39:47 Exchange Disseminated Time 16/03/2018 15:39:50 Time Taken 00:00:03 | We hereby inform that Credit Analysis & Research Limited (CARE), has reaffirmed credit ratings on the bank facilities and Commercial Paper (CP) of the Company as per recent report, as follows:-
Facilities Rating Rating Action
Long term Bank facilities CARE AA- (Double A Minus), Outlook: Stable Reaffirmed
Short term Bank facilities CARE A1+ (A One Plus) Reaffirmed
Commercial Paper (CP) CARE A1+ (A One Plus) Reaffirmed
Please take note of the same and acknowledge receipt.
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