07-Apr-2022
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PCBL
We refer to the letter received from ICRA Limited bearing Reference Number No. - ICRA/PCBL Limited/07042022/1 dated 7th April 2022 with regard to the Credit Rating received on the captioned subject. The Rating Committee of ICRA after due consideration has reaffirmed the long-term rating at [ICRA]AA (pronounced ICRA double A)(Rating). The outlook on the long-term rating is Stable. We request you to please take the afore-mentioned information in record and oblige.
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