In terms of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 as amended from time to time it is hereby informed that ICRA Limited ( Rating Agency) has reviewed the credit rating and removed the credit rating from rating watch with developing implications and has assigned Stable outlook.
The long term rating for the Company is now denoted as [ICRA]A (Stable) (pronounced ICRA A) and short term rating as [ICRA]A1 (pronounced ICRA A one).
Kindly acknowledge receipt.
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