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Sterlite Technologies Limited. — Capital/Financing Update 2024
Nov 13, 2024
59411_rns_2024-11-13_a75ba382-d0c2-4a23-abc0-3b2732a544e6.pdf
Capital/Financing Update
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November 13, 2024
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 revised below ratings for the Company:
| Pursuant to Regulation 30 of the SEBI (Listing Obligat2015, we wish to inform you that ICRA hasrevised b | ions and Disclosure Requirements) Regulaelow ratings for the Company: |
|---|---|
| Total Bank Loan Facilities Rated | Rs.4475 Crore |
| Long Term Rating | [ICRA]AA - (Stable); downgraded from[ICRA]AA (Negative) and outlookrevised to Stable from Negative |
| Short Term Rating | [ICRA]AA - (Stable); downgraded from[ICRA]AA (Negative) and outlookrevised to Stable from Negative |
| 25.15 million euros bank limits | [ICRA]AA - (Stable); downgraded from[ICRA]AA (Negative) and outlookrevised to Stable from Negative |
| Rs.500 Crore Commercial Paper | ICRA A1+Reaffirmed |
The ratings rationale can be accessed at below link https://www.icra.in/Rationale/ShowRationaleReport?Id=131036
Kindly take the above on record.
Thanking you.
Yours faithfully, For Sterlite Technologies Limited
AMIT VILAS Digitally signed by AMIT VILAS DESHPAND DESHPANDE Date: 2024.11.13 E 15:39:01 +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