Credit Ratings

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Rating Short-Term Long-Term Outlook

Current*

CRISIL A1+

CRISIL AA-

Stable

Prior

P1+

A+

Stable


 

 

 


* Rating change – August 2010
Note : Pursuant to the Circular of CIR/MIRSD/4/2011, dated June 15, 2011, issued by the Securities and Exchange Board of India (SEBI), ICRA has revised its Rating Symbols and Definitions. Previous Rating Symbol P1+ now corresponds to CRISIL A1+.

Rating Short-Term Long-Term Outlook

Current*

ICRA A1+

ICRA AA-

Stable

Prior

A1+

LA+

Positive


 

 

 


* Rating change – September 2010
Note : Pursuant to the Circular of CIR/MIRSD/4/2011, dated June 15, 2011, issued by the Securities and Exchange Board of India (SEBI), ICRA has revised its Rating Symbols and Definitions. Previous Rating Symbol LA+ now corresponds to ICRA A+.

Rating Long-Term Outlook

Current*

BB-

Stable

Prior

B+

Positive


 

 

 


* Rating change – October 2010

Rating Long-Term Outlook

Current*

Ba3

Stable

Prior

B2

Positive


 

 

 


* Rating change – October 2010