Credit Rating

Rating Agency Instrument Rating
  CARE Bank Loan Rating (Long Term Facilities) A+
  CARE NCD Rating (Long Term facilities) A+
  CARE Bank Loan Rating (Short Term facilities) A1+

  CARE Short-term debt (CP/NCD) A1+
  ICRA Long Term facilities A+
  ICRA Short-term debt (CP) A1+


CARE: Credit Analysis and Research Limited
ICRA: ICRA Limited (formerly Investment Information and Credit Rating Agency of India Limited) – An Associate of Moody’s Investors Service
Note: Ratings by various agencies are subject to regular revisions. Kindly refer to the respective agencies for the latest ratings.