AI assistant
Sterlite Technologies Limited. — Capital/Financing Update 2023
Jan 25, 2023
59411_rns_2023-01-25_636654de-8faf-4e77-9dbf-a0ba1d27752a.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
www.stl.tech
==> picture [79 x 31] intentionally omitted <==
January 25, 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.5792 Crore (enhanced from 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 below link https://www.crisilratings.com/mnt/winshare/Ratings/RatingList/RatingDocs/SterliteTechnologiesLimited_January%2025,%20 2023_RR_310554.html
Kindly take the above on record.
Thanking you.
Yours faithfully,
For Sterlite Technologies Limited
AMIT VILAS Digitally signed by AMIT VILAS DESHPANDE DESHPANDE Date: 2023.01.25 19:50:44 +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