The long term rating of  the Company has been  upgraded to [ICRA]BB- (pronounced ICRA double B minus) (“Rating”) from [ICRA]B (pronounced ICRA B) and the short term  rating reaffirmed at [ICRA]A4 (pronounced ICRA A four). The outlook on the long-term rating has been  revised to Stable from Negative.

 

 

 

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