Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015, we wish inform you that India Ratings and Research Private Limited ('India Ratings') has revised its rating outlook on the long term debt instruments of the Company to ''Positive'' from '' Stable'', while affirming the ratings at ''IND A+''. The rating on commercial paper has been affirmed at ''IND A1+''.<BR> <BR> We also wish to inform you that India Ratings, has assigned the Credit Rating 'IND A+/Positive' to the proposed new issue of Unsecured Rated Listed Redeemable Taxable Non-convertible Debentures, Tranche - XVIII of Rs. 95 Crores of the Company on private placement.<BR> <BR> The document published by India Ratings dated August 17, 2021 in this regards is enclosed herewith.<BR> <BR> This is for your information and record.
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