The credit rating details of the company as at 31 March, 2023 are as follows:
Rating Agency
Term
Type
Rating as on 31 March, 2023
Revisions during the year
Obtained during the year
ICRA
LT
NCD / SD / CC / TL
[ICRA]AA+ with Stable Outlook
NA
NCD MLD - March 06, 2023
NCD - March 06, 2023
LTL /CC - March 06, 2023
LT
PD
[ICRA]AA with Stable Outlook
NA
PDI - March 06, 2023
ST
CP / WCDL
[ICRA]A1+
NA
CP - March 06, 2023
CRISIL
ST
CP
[CRISIL]A1+
NA
CP - March 01, 2023
LT
SD
[CRISIL]AA+ / Stable
NA
SD - December 07, 2022
CARE
LT
SD
CARE AA+
NA
NCD - January 06, 2023
LT
PD
CARE AA
NA
PD - December 07, 2022
INDIA Ratings and Research Private Ltd
LT
NCD / SD
IND AA+ with Stable Outlook
NA
NCD / SD - March 13, 2023
LT
PD
IND AA with Stable Outlook
NA
PD - March 13, 2023
Note: 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.
