WOCKHARDT LTD. - Credit Rating

Wockhardt Ltd has informed BSE that Credit Analysis & Research Limited (CARE Rating) has re-affirmed the Companys Rating for total Working Capital limit as 'CARE AA' and 'CARE A1+' for Long - Term Bank Facilities (Fund Based) and Short Term Bank Facilities (Non Fund Based) respectively.<BR><BR>Further, India Ratings and Research Private Limited has re-affirmed the short-term Bank facilities rating at 'IND A1+ and assigned the Companys long-term loan facilities rating to 'IND AA-' from 'IND AA'.<BR><BR>CARE Rating has also assigned 'CARE AA' rating for the proposed issue of NCDs of Rs. 250 crore of the Company.