Long term Bank facilities- Term Loan (Rs 1,175.24 cr) - CARE AA-; Stable (Double A minus; Outlook Stable)

Long term Bank facilities – Fund Based CC Limit (Rs 100 cr) - CARE AA-; Stable (Double A minus; Outlook Stable)

Commercial Paper – Carved out of Working Capital Limit (Rs 150 cr) - CARE A1+ (A One Plus)

Commercial Paper -Standalone (Rs 100 cr) - CARE A1+ (A One Plus)