IFCI LTD. - Credit Rating

IFCI Ltd has informed BSE that after due consideration of the latest developments in IFCI Ltd, ICRA Ltd has revised the rating assigned to debt instruments of IFCI upward from [ICRA]A to [ICRA]A+ for long term Bank facilities and long term debt instruments, and from [ICRA]A1 to [ICRA]A1+ for Commercial Paper program of IFCI Limited.