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

Pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, it is hereby informed that India Ratings and Research Private Limited has revised outlook to 'Positive' from 'Stable', and affirmed long term issuer rating at IND AA.<BR> The rating letter issued by the India Ratings and Research Private Limited is enclosed herewith.