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Credit Rating

Instruments/Facilities Ratings
ICRA CARE India Ratings
Long term facilities A+ A+ -
Short term facilities A1+ A1+ IND A1+
Note :
Ratings by various agencies are subject to regular revisions. Kindly refer to the respective agencies for the latest ratings

Rating symbol's definition (ICRA/CARE Ratings)

Rating "A" (Long term facilities) - Adequate degree of safety regarding timely servicing of financial obligations. Such instruments carry low credit risk and stable outlook.

Rating "A1+" & "IND A1+" (Short term facilities)
- Very strong degree of safety regarding timely payment of financial obligations. Such instruments carry lowest credit risk.

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