CRISIL Ratings has assigned its CRISIL PP-MLD A+r/Negative rating to the Rs.250 crore long-term principal-protected market-linked debentures.
Furthermore, the rating on the Rs 145 crore NCDs has been withdrawn as the instruments have been fully repaid. CRISIL Ratings has received confirmation of no dues pending against these NCDs. The withdrawal is in line with CRISIL Ratings policy on withdrawal of NCDs.
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