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Ratings

CREDIT RATINGS

The Company has got its borrowings rated by leading credit rating agencies in India.

Outstanding Credit Ratings are as follows:

Credit Rating Agency Ratings Outlook
Long Term Debt Ratings
CARE Ratings Ltd. CARE AA Stable
ICRA Ltd. [ICRA] AA- Stable
Short Term Debt Ratings
CARE Ratings Ltd. CARE A1+ -
ICRA Ltd. [ICRA] A1+ -
Non-Convertible Debentures
CARE Ratings Ltd. CARE AA Stable
ICRA Ltd. [ICRA] AA- Stable