Credit Rating

| Rating Agency | CARE | CRISIL | 
|---|---|---|
| Long Term Bank Facility | BBB + Stable | BBB + Stable | 
| Cash Credit | BBB + Stable | BBB + Stable | 
| Non-Convertible Debentures | BBB + Stable | BBB + Stable | 
| Commercial Paper | BBB + Stable | A2+ | 
| Sub Debt | BBB + Stable | BBB + Stable | 
| Direct Assignment | BBB + Stable | BBB + Stable |