IFCI Ltd. — Capital/Financing Update 2020

Jun 23, 2020

No. IFCI/CS/2020-132 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, ICRA Limited (ICRA) has re-affirmed 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.	Fund Based Bank Limits	[ICRA]BBB-Outlook: Negative(Re-affirmed rating)
2.	Long Term Bonds (includingSubordinated Debt)	[ICRA]BBB-Outlook: Negative(Re-affirmed rating)
3.	Bonds/NCD Programme	[ICRA]BBB-Outlook: Negative(Re-affirmed rating)
4.	Commercial Papers Programme	[ICRA]A3(Re-affirmed rating)
5.	Long Term Bonds/ NCD Programme	[ICRA]BBB-Outlook: Negative(Fresh Rating)

This is for your information and record.

Thanking you

For IFCI Limited

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( Rupa Sarkar )

Company Secretary