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HSIL: Announcement under Regulation 30 (LODR)-Credit Rating

This is to inform you that on request of the Company for voluntarily withdrawal of credit rating of CARE A1+ assigned by CARE Rating on Commercial Paper Issue as the facility has not been used by company to raise funds and there is no outstanding under the said issue as on date CARE Ratings has withdrawn the rating on the said instrument effective from 25th February 2021.

The Companys credit ratings for other facilities by CARE Ratings remain unchanged.

Press Release issued by CARE Ratings is attached for general information and reference

You are requested to take this information on records.

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