Credit Rating
The credit rating details of the company as at 31 March,2022 areas follows:
| Rating Agency |
Term |
Type |
Rating as on 31 March, 2022 |
Revisions during the year |
Obtained during the year |
| ICRA |
LT |
NCD / SD / CC / TL |
[ICRA]AA+ with Stable Outlook |
NA |
NCDMLD-February25,2022
NCD-March22,2022
LTL/CC-February24,2022
|
| LT |
PD |
[ICRA]AA with Stable Outlook |
NA |
PDI-March 22,2022 |
| ST |
CP / WCDL |
[ICRA]A1+ |
NA |
CP-March22,2022 |
| CRISIL |
ST |
CP |
[CRISIL]A1+ |
NA |
CP-March14,2022 |
| LT |
SD |
[CRISIL]AA+ / Stable |
NA |
|
| CARE |
LT |
SD |
CARE AA+ |
NA |
|
| LT |
PD |
CARE AA |
NA |
|
| INDIA Ratings and Research Private Ltd |
LT |
NCD / SD |
IND AA+ with Stable Outlook |
NA |
NCD/SD-March 23,2022 |
| LT |
PD |
IND AA with Stable Outlook |
NA |
PD-March 23,2022 |
Note: LT – Long term loan, ST – Short term loan, NCD – Non-convertible debenture, SD – Subordinated debt instrument, CC - Cash credit,
TL – Term loan, CP – Commercial paper, WCDL – Working capital demand loans, PD – Perpetual debt instrument