In terms of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 as amended from time to time it is hereby informed that ICRA Limited ( Rating Agency) has reaffirmed the long-term rating for the Line of Credit (LOC) at [ICRA]A (pronounced ICRA A). The Outlook on the long-term rating has been revised to Negative from Stable.
ICRA has also reaffirmed the short-term rating for the captioned LOC at [ICRA]A1 (pronounced ICRA A one).
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