The company's short term banking facilities & the short term debt programme (including commercial papers) have been rated as PR1+ which indicates "strong capacity for timely payment of short term debt obligations and carry lowest credit risk ".

The non - Convertible debentures of the company has been rated as "CARE A+" which indicates adequate safety for timely servicing of debt obligations and carry low credit risk.

• Non-Convertible Debentures programme
• PR1+ Rating
• Short Term Debt programme
• Rating rationale