Credit Ratings

ICRA
Instruments Long-Term Short-Term Outlook
Fund based/Non-fund based bank lines – Others AA - Stable
Non- convertible Debenture (NCD) Programme AA - Stable
Commercial Paper (CP) Programme - A1+ -
 
CRISIL
Instruments Long-Term Short-Term Outlook
Proposed Long Term Bank Loan Facility AA - Stable
Commercial Paper (CP) Programme - A1+ -
 
CRISIL: CRISIL Ratings Limited (A subsidiary of CRISIL Limited, an S&P Global Company)
ICRA: ICRA Limited


Note: Credit Ratings by various agencies are subject to regular revisions. Kindly refer to the respective agencies website for the latest ratings.