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Sterlite Technologies Limited. — Capital/Financing Update 2023
Aug 25, 2023
59411_rns_2023-08-25_b90b932f-46e7-4685-bf3e-dda827082be5.pdf
Capital/Financing Update
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www.stl.tech
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August 24, 2023
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:
| Total Bank Loan Facilities Rated | Rs. 6017 Crore (Enhanced from Rs. 5792 Crore) |
|---|---|
| Long Term Rating | CRISIL AA/Watch with Developing Implications |
| Rs. 640 Crore Non-Convertible Debentures |
CRISIL AA/ Watch with Developing Implications |
| Rs. 800 Crore Commercial Paper | CRISIL A1+/ Watch with Developing Implications |
The ratings rationale can be accessed at below link:
https://www.crisilratings.com/mnt/winshare/Ratings/RatingList/RatingDocs/SterliteTechnologiesLimite d_August%2024,%202023_RR_326285.html
Kindly take the above on record.
Thanking you.
Yours faithfully,
For Sterlite Technologies Limited
Digitally signed by AMIT VILAS AMIT VILAS DESHPANDE DESHPANDE Date: 2023.08.24 22:21:12 +05'30'
Amit Deshpande
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