The ICRA Limited (“ICRA”) has reviewed the credit rating assigned to the Company and reaffirmed the long-term rating as [ICRA] AA- (pronounced ICRA double A minus) and the short-term rating as [ICRA] A1+ (pronounced ICRA A one plus).
Credit rating assigned to commercial paper is reaffirmed as [ICRA] A1+ (pronounced as ICRA A one plus). Outlook on the long-term rating has been reaffirmed as Stable.