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Sterlite Technologies Limited. — Capital/Financing Update 2022
Feb 2, 2022
59411_rns_2022-02-02_3309e6ab-0021-49e3-9c26-2d8817a30081.pdf
Capital/Financing Update
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www.stl.tech
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February 2, 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 CRISIL has reaffirmed below ratings for the Company with change in the outlook from “Stable” to “Negative”:
| Total Bank Loan Facilities | Rated | Rs.4950 Crore | |||
|---|---|---|---|---|---|
| Long Term Rating | CRISIL AA/Negative | ||||
| Rs.440 Crore Non-Convertible Debentures | CRISIL AA/Negative | ||||
| Rs.800 Crore Commercial | Paper | CRISIL A1+ | |||
| The ratings |
rationale | can | be accessed |
at | link |
| https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/SterliteTechnologiesLimited_February%2001,%202022_ | |||||
| RR_286458.html |
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