IFCI Ltd. — Capital/Financing Update 2020

Jun 23, 2020

No. IFCI/CS/2020-134 June 23, 2020

The National Stock Exchange of India Limited

Exchange Plaza Plot No. C/1, G Block, Bandra Kurla Complex Bandra (East) Mumbai – 400 051

CODE: IFCI

Dear Sir/Madam,

- Subject: Credit Rating Re Affirmed

This is to inform that Rating Agency, Brickwork Ratings Limited has reaffirmed the ratings of debt instruments of IFCI Limited and assigned fresh rating for the Long-term Bond / NCD Programme as under:-

S. No.	Particulars of Instruments	Rating
1.	Long Term Debt Instrument NCD	BWR BBB+/ Negative(Re-affirmed rating)
2.	Secured NCD	BWR A+(CE)/ Negative(Re-affirmed rating)
3.	Commercial Paper	BWR A2+(Re-affirmed rating)
4.	Proposed NCD	BWR BBB+/ Negative(Fresh rating)

This is for your information and record.

Thanking you

For IFCI Limited

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( Rupa Sarkar )

Company Secretary