GHCL LTD. - Announcement under Regulation 30 (LODR)-Credit Rating

Pursuant to the requirement of Regulation 30(6) of the SEBI (LODR) Regulations 2015, we would like to inform that on November 22, 2022, India Ratings & Research (a Fitch Group Company), one of the Credit Rating Agency, has affirmed GHCL Limited''s Long- Term Issuer Rating to ''IND AA- Stable'' (Double A Minus with Stable Outlook). We would like to further inform that said Credit Rating Agency, has also affirmed ''IND A1+'' (Single A One Plus) to GHCL Limited for issuance of Commercial Paper (CP) of Rs. 1000 million, which shall be carved out of existing working capital facilities.