Credit Ratings

S.No Instrument type Amount
(Rs. in million)
Rating Agency Rating Outlook Remarks
1. Commercial Paper 1,000.00 CRISIL Limited CRISIL A1+ - Rating has been reaffirmed vide letter dated June 30, 2023
2. Proposed Working Capital Limits 1,000.00 (reduced from 3,000) India Ratings & Research IND AA+/Stable/IND A1+ Stable Rating has been affirmed vide letter dated January 27, 2023
3. Proposed Term Loan 2,000.00 India Ratings & Research IND AA+/Stable/IND A1+ Stable Rating has been assigned vide letter dated January 27, 2023
4. Long Term Issuer Rating - India Ratings & Research IND AA+/Stable Stable Rating has been affirmed vide letter dated January 27, 2023