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| Exchange Received Time 20/08/2019 18:25:17 Exchange Disseminated Time 20/08/2019 18:25:24 Time Taken 00:00:07 |
Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform you that ICRA Limited ('ICRA') has upgraded the long-term rating from [ICRA] A+ (pronounced ICRA A plus) to [ICRA]AA- (pronounced ICRA double A minus) and reaffirmed the short-term rating at [ICRA]A1+ (pronounced ICRA A one plus) for the Line of Credit of ` 947 crores of the Company. The outlook on the long term rating has been revised from ''Positive'' to ''Stable''.
ICRA has also re-affirmed the rating at [ICRA] A1+ assigned to the Commercial Paper size of ` 200 Crore of the Company.
Please take the same on your record.
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