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  Credit Rating  

The ICRA Limited (“ICRA”) has re-affirmed the credit rating of [ICRA]AA- (pronounced ICRA double A minus) on Long Term Scale and short term rating as [ICRA]A1+ (pronounced ICRA A one plus) to Jamna Auto Industries Ltd. on the Working Capital Facilities and Term Loan. The Outlook on Long Term Ratings has been given as “positive”.

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