Credit Rating

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

Facilities/Instruments Amount (₹ crore) Rating Rating Action
Long-term bank facilities 450.00 CARE AA+; Stable Revised from CARE AA; Stable
Long-term / Short-term bank facilities 4,500.00 CARE AA+; Stable / CARE A1+ Revised from CARE AA; Stable/ CARE A1+
Short-term bank facilities 400.00 CARE A1+ Reaffirmed
Total Bank Facilities 5,350.00    
Commercial paper (Carved out) 100.00 CARE A1+ Reaffirmed
Total Short-term instruments 100.00    

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)