| Instrument Type | Rating Type | India Ratings | Acuite Ratings |
|---|---|---|---|
| Rating | Rating | ||
| Issuer rating | Long-term | IND A+/Stable | ACUITE AA-/Stable |
| Term loans | Long-term | IND A+/Stable | ACUITE AA-/Stable |
| Fund-based working capital limits | Long-/short-term | IND A+/Stable | ACUITE AA-/Stable |
| Non-fund-based working capital limits | Short-term | IND A1+ | ACUITE A1+ |
* Carved out of fund based working capital limits
Note : Ratings by various agencies are subject to regular revisions. Kindly refer to the respective agencies for the latest ratings
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