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CREDIT RATINGS

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Details of Credit Ratings for the FY 2020-21

S. No. Instrument Description Rating agencies Rating assigned
1. Bank Loan Facilities - Long Term CRISIL Limited / ICRA Limited AAA Stable
2. Bank Loan Facilities - Short Term CRISIL Limited / ICRA Limited A1+
3. Commercial Papers / Fixed Deposit CRISIL Limited A1+
4. Non-Convertible Debentures CRISIL Limited / ICRA Limited AAA Stable

Note: No Change/Revision in the aforesaid credit ratings from the rating agencies was received during the financial year. The Company has not issued any Commercial papers, Non-Convertible Debentures or taken any Fixed Deposit during the year.

Details of Credit Ratings for the FY 2019-20

S. No. Instrument Description Rating agencies Rating assigned
1. Bank Loan Facilities - Long Term CRISIL Limited / ICRA Limited AAA Stable
2. Bank Loan Facilities - Short Term CRISIL Limited / ICRA Limited A1+
3. Commercial Papers / Fixed Deposit CRISIL Limited A1+
4. Non-Convertible Debentures CRISIL Limited / ICRA Limited AAA Stable

Note: No Change/Revision in the aforesaid credit ratings from the rating agencies was received during the financial year. The Company has not issued any Commercial papers, Non-Convertible Debentures or taken any Fixed Deposit during the year.

Details of Credit Ratings for the FY 2018-19

S. No. Instrument Description Rating agencies Rating assigned
1. Bank Loan Facilities - Long Term CRISIL Limited / ICRA Limited AAA Stable
2. Bank Loan Facilities - Short Term CRISIL Limited / ICRA Limited A1+
3. Commercial Papers / Fixed Deposit CRISIL Limited A1+
4. Non-Convertible Debentures CRISIL Limited / ICRA Limited AAA Stable

Note: The Company has not issued any Commercial Papers, Non-Convertible Debentures or taken any Fixed Deposits during the year.