Credit Rating of NCDs
Credit Rating assigned by CARE Ratings Limited on June 29, 2023
| Facilities/Instruments | Amount (Rs. Crore) | Rating | Rating Action |
|---|---|---|---|
| Non-convertible debentures | 150.00 | CARE AA+; Stable | Revised from CARE AA; Stable |
| Non-convertible debentures | 99.00 (Reduced from 100.00) | CARE AA+; Stable | Revised from CARE AA; Stable |
| Non-convertible debentures | 40.00 (Reduced from 50.00) | CARE AA+; Stable | Revised from CARE AA; Stable |
| Total Long-term instruments | 289.00 |
Credit Rating assigned by CRISIL on August 17, 2022:
| Rs.50 Crore Non Convertible Debentures | CRISIL AA/Stable (Assigned) |
| Rs.100 Crore Non Convertible Debentures | CRISIL AA/Stable (Reaffirmed) |
| Non Convertible Debentures Aggregating Rs.615 Crore | CRISIL AA/Stable (Reaffirmed) |