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| Exchange Received Time 14/08/2017 12:35:55 Exchange Disseminated Time 14/08/2017 12:36:01 Time Taken 00:00:06 | Sub : CARE rating upgraded Long term credit rating and Debt Instruments of the company
We are glad to inform you that CARE rating has upgraded the long term rating to CARE AA stable (pronounced double A; Outlook:Stable) from CARE AA- (pronounced double A minus; Outlook:Stable) for the Bank Facilities of Rs. 5680 crores and Non-Convertible Debenture of Rs.580 crores of the company.
The detailed CARE rating rationale issued on 14th August 2017 is attached.
Request you to take the same on record
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