Credit Rating

Credit Rating assigned by CARE Ratings Limited on June 29, 2023

Facilities/InstrumentsAmount (₹ crore)RatingRating Action
Long-term bank facilities450.00CARE AA+; StableRevised from CARE AA; Stable
Long-term / Short-term bank facilities4,500.00CARE AA+; Stable / CARE A1+Revised from CARE AA; Stable/ CARE A1+
Short-term bank facilities400.00CARE A1+Reaffirmed
Total Bank Facilities5,350.00   
Commercial paper (Carved out)100.00CARE A1+Reaffirmed
Total Short-term instruments100.00   

Credit Rating assigned by CRISIL on August 17, 2022

Total Bank Loan Facilities RatedRs. 2050 Crore
Long Term RatingCRISIL AA/Stable (Reaffirmed)
Short Term RatingCRISIL A1+ (Reaffirmed)