The disclosure is a regulatory filing submitted to BSE Limited and The Calcutta Stock Exchange Ltd. in compliance with SEBI Listing Regulations (Regulation 30).
The company informed the exchanges that Acuite Ratings & Research Ltd. has reaffirmed its credit ratings. The long-term rating was reaffirmed at BbB- and the short-term rating was reaffirmed at A3. These ratings are specifically for the banking limits sanctioned to the company.
The financial impact of this rating reaffirmation was not quantified in the disclosure.