CIPLA LTD. - Credit Rating

Cipla Ltd has informed BSE that India Ratings and Research Private Limited, a Fitch Group Company have affirmed the <br/>Long-Term Issuer Rating of IND AAA to the Company and IND A1+ rating to the Companys Rs. 10 billion Commercial Paper/Short Term Debt Programme. Further, India Ratings and Research Private Limited has assigned IND AAA rating to the Companys proposed Rs. 20 billion NCD programme.