Credit Rating

Facilities/Instruments Amount (Rs. Crore) Rating Rating Action
Long-term bank facilities 450.00 CARE AA; Stable(Double A; Outlook: Stable) Reaffirmed
Long-term / Short-term bank facilities 4,500.00 (Enhanced from 4,000.00) CARE AA; Stable / CARE A1+ (Double A; Outlook: Stable/ A One Plus) Reaffirmed
Short-term bank facilities 400.00 (Enhanced from 300.00) CARE A1+ (A One Plus) Reaffirmed
Total Bank Facilities 5,350.00 (₹ Five thousand three hundred fifty crore only)    
Commercial Paper (Carved out of working capital)* 100.00 CARE A1+ (A One Plus) Reaffirmed
Total Short-term instruments 100.00 (₹ One hundred crore only)    

*carved out of the sanctioned working capital limits of the company.

Credit Rating assigned by CRISIL on August 17, 2022

Total Bank Loan Facilities Rated Rs. 2050 Crore
Long Term Rating CRISIL AA/Stable (Reaffirmed)
Short Term Rating CRISIL A1+ (Reaffirmed)