Sterlite Technologies Limited. — Capital/Financing Update 2022

Apr 29, 2022

www.stl.tech

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April 29, 2022

National Stock Exchange of India Limited

Exchange Plaza, 5[th] Floor, Plot No. C-1, G Block, Bandra Kurla Complex, Bandra (East) Mumbai - 400 051.

BSE Limited Phirozee Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001.

Ref.: Scrip ID - STLTECH/ Scrip Code – 532374

Sub: Intimation of Credit Rating

Dear Sir/ Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that ICRA has reaffirmed below ratings for the Company with change in the outlook from “Stable” to “Negative”:

“Stable” to “Negative”:
Total Bank Loan Facilities Rated
LongTerm Rating	ICRA AA
Short Term Rating	ICRA A1+

Further rating assigned to Rs. 150 Crore Non-Convertible Debentures (‘NCD’) has been reaffirmed and stands withdrawn as the NCDs are redeemed in April 2021 and there is no amount outstanding against the NCDs.

The ratings rationale can be accessed at link https://www.icra.in/Rationale/ShowRationaleReport?Id=111470

Kindly take the above on record.

Thanking you.

Yours faithfully,

For Sterlite Technologies Limited

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Amit Deshpande

Corporate General Counsel & Company Secretary (ACS 17551)

Sterlite Technologies Limited Registered office: 4th Floor, Godrej Millennium, Koregaon Road 9, STS 12/1, Pune, Maharashtra- 411 001, India. CIN - L31300PN2000PLC202408