External Ratings

ICRA Limited has assigned [ICRA] A- (pronounced ICRA A minus) rating with a stable outlook to the Long Term Bank Facilities availed by the Company. This rating is applicable to facilities having tenure of more than one year. Facilities / Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such facilities / instruments carry low credit risk.

Further, ICRA Limited has assigned [ICRA] A2+ (pronounced ICRA A two plus) rating to the Short Term Bank Facilities availed by the Company. This rating is applicable to facilities having tenure up to one year. Facilities / Instruments with this rating are considered to have strong degree of safety regarding timely payment / servicing of financial obligations. Such facilities / instruments carry low credit risk.

Certifications Download View
Long Term & Short Term Bank Facilities Rating By ICRA Ltd.
Corporate Governance Rating by “CARE”
Fixed Deposit Rating by “CARE”