BAJAJ ELECTRICALS LTD. - Credit Rating

Bajaj Electricals Ltd has informed BSE that the Company has received on August 20, 2015 a letter dated August 11, 2015 from ICRA Limited (Rating Agency) communicating that it has reaffirmed the rating of the Companys Non-Convertible Debenture (NCD) programme at [ICRA] A (pronounced ICRA A) and the outlook on the long-term rating has been revised from Negative to Stable.