Announcement under Regulation 30 (LODR)-Credit Rating
In accordance with Regulation 30 of the SEBI Listing Regulations, we wish to inform the Exchange that the Company has received formal communication from CRISIL today i.e 7th June 2018 mentioning that they have re-affirmed upon renewal :-
1. Our Long Term Rating as CRISIL A / Stable for the bank loan facilities of the Company.
2. Our Short Term Rating as CRISIL A1 for the bank loan facilities of the Company.
3. Our Commercial Paper Rating as CRISIL A1 on the Rs.150 Crore Commercial Paper.
We attach herewith copy of the rating letter as received by us today.