Investors

Credit ratings

Rating Short term Long term Outlook
Current* CARE A1+ CARE AA Stable
Prior CARE A1+ CARE AA- Stable

*Rating change – June 2023

Rating Short term Long term Outlook
Current* CRISIL A1+ CRISIL AA Positive
Prior CRISIL A1+ CRISIL AA Stable

*Outlook change – February 2024

Rating Short term Long term Outlook
Current* ICRA A1+ ICRA AA Stable
Prior ICRA A1+ ICRA AA- Positive

*Rating change – Jul 2023

Rating Long term Outlook
Current* Ba3 Positive
Prior B1 Positive

*Rating change - November 2023

Rating Long term CreditWatch / Outlook
Current* BB+ Positive
Prior BB Stable

*Rating change – November 2023