This is in continuation of our earlier intimation dated 31 August 2023 with regard to Credit Rating we wish to inform that ICRA vide their letter(s) dated 15 September 2023 has :-1) reaffirmed long term rating of [ICRA] AA+ (pronounced ICRA double A plus) to Rs. 300 Crore of Non-Convertible Debentures (NCD) and assigned a long term rating of [ICRA] AA+ (pronounced ICRA double A plus) to the fresh NCD programme of Rs. 100 Crores of Uno Minda Limited thereby the total rating is for Rs. 400 Crore for the NCD programme.
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