Dixon Technologies (India) Limited — Capital/Financing Update 2020

Sep 29, 2020

29th September, 2020

To Secretary Listing Department BSE Limited Department of Corporate Services Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001	To Secretary Listing Department National Stock Exchange of India Limited Exchange Plaza, Sandra Kurla Complex Mumbai - 400 051
Scrip Code - 540699	Scrip Code- DIXON
ISIN: INE935N01012	ISIN: INE935N01012

Sub: Intimation of Credit Ratings

This is with reference to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the "Regulations"). In accordance with the said Regulations, we wish to inform that ICRA Limited ("ICRA") has vide its letter dated 29th September, 2020 reaffirmed its ratings and changed the outlook on the long-term rating from stable to Positive.

Please find below the credit ratings assigned by ICRA to the Company as on 29th September, 2020.

Instrument*	Rating Action
Long Term	[ICRA]A+ (Positive); Reaffirmed, outlook revised from 'Stable' to 'Positive'
Short Term	[ICRA]Al +; Reaffirmed
Commercial Paper Total	[ICRA]Al +; Reaffirmed

We request you to kindly take this on your record.

Thanking You,

... For Dixon Technologies (India) Limited

A mar •······ (G p mpany Secretary & Compliance Officer)