Pursuant to Regulation 30(6) read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the credit rating agency i.e. CRISIL Ratings Limited vide their letter dated 6th July, 2022 has upgraded its rating assigned to long-term bank facilities to CRISIL A+/Stable from CRISIL A/Stable and reaffirmed its rating on the short-term bank facilities CRISIL A1. CRISIL Rating rationale is enclosed for your reference. Kindly take the same into your records.
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