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DR REDDYS LABORATORIES LTD — Regulatory Filings 2021
May 8, 2021
30528_rns_2021-05-08_022436b7-4266-4e2f-823b-36f89302e87a.pdf
Regulatory Filings
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May 8, 2021
The Secretary / Executive Director BSE Limited National Stock Exchange of India Ltd.
Dear Sir/Madam,
Sub: Intimation for withdrawal of Credit Rating
This is in reference to our intimation dated May 1, 2020, regarding Credit Rating.
In this regard, we now wish to inform you that India Ratings and Research (Ind-Ra), at the request of the Company, has withdrawn the rating assigned to our proposed commercial paper issuance. The details are as under:
| Instrument | Maturity | Size of Issue | Rating / Outlook | Rating Action |
|---|---|---|---|---|
| Type | Date | (million) | ||
| Commercial | 7-365 | INR 8,000 | WD (earlier IND A1+) | Withdrawn (the |
| paper | days | company did not | ||
| (CP) | proceed with the | |||
| instrument as | ||||
| envisaged) |
All other ratings are reaffirmed.
This is for your information and record.
With regards, SANDEEP PODDAR Digitally signed by SANDEEP PODDAR DN: c=IN, o=Personal, pseudonym=5baa65b04542ac0f9e3878c9d91f0db36d 0548a0, 2.5.4.20=bfda99c592e4dc5b7a2e12970b9505d6d5163 4ab609953e7b6cd73ea7af49394, postalCode=500084, st=TELANGANA, serialNumber=8185d5106ea0d6196f14ae660c09bac33 4f5ebc1a1790e158f29af33bf208cac, cn=SANDEEP PODDAR Date: 2021.05.08 14:53:14 +05'30'
Sandeep Poddar Company Secretary
CC: New York Stock Exchange Inc., NSE IFSC Limited