| FACILITIES | CRISIL | ICRA | CARE |
|---|---|---|---|
| NCD / BONDS | CRISIL A+/Watch Developing (‘Rating Watch with Developing Implications’) | [ICRA]A+(negative); from [ICRA]A+; rating watch with negative implications | CARE A (CW with Developing Implications) from CARE A+; Negative |
| BANK LOANS (LT) | CRISIL A+/Watch Developing (‘Rating Watch with Developing Implications’) | [ICRA]A+(negative); from [ICRA]A+; rating watch with negative implications | CARE A (CW with Developing Implications) from CARE A+; Negative |
| BANK LOANS (ST) | CRISIL A1+/Watch Developing (‘Rating Watch with Developing Implications’) | [ICRA]A1; from [ICRA]A1+; rating watch with negative implications | CARE A1 (CW with Developing Implications) from CARE A1+ |
| COMMERCIAL PAPER | CRISIL A1+/Watch Developing (‘Rating Watch with Developing Implications’) | [ICRA]A1; from [ICRA]A1+; rating watch with negative implications | -- |
