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Sterlite Technologies Limited. — Capital/Financing Update 2024
Feb 15, 2024
59411_rns_2024-02-15_caf3ba01-c988-4de5-bca4-c691eacafd41.pdf
Capital/Financing Update
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www.stl.tech
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February 15, 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 CRISIL has revised its watch on below ratings for the Company:
| Pursuant to Regulation 30 of the SEBI (Listin 2015, we wish to inform you that CRISIL has |
g Obligations and Disclosure Requirements) Regulations, revised its watch on below ratings for the Company: |
|---|---|
| Total Bank Loan Facilities Rated | Rs. 6,017 Crore |
| Long Term Rating | CRISIL AA/Watch Negative (Revised to ‘Rating Watch with Negative Implications’ from ‘Rating Watch with Developing Implications’) |
| Rs. 640 Crore Non-Convertible Debentures |
CRISIL AA/Watch Negative (Revised to ‘Rating Watch with Negative Implications’ from ‘Rating Watch with Developing Implications’) |
| Rs. 800 Crore Commercial Paper | CRISIL A1+/ Watch Developing (continues on ‘Rating Watch with Developing Implications’) |
The ratings rationale can be accessed at below link:
https://www.crisilratings.com/en/home/our-business/ratings/company-factsheet.STROPTECL.html
Kindly take the above on record.
Thanking you.
Yours faithfully,
For Sterlite Technologies Limited
AMIT VILAS Digitally signed by AMIT VILAS DESHPAND DESHPANDE Date: 2024.02.15 E 17:42:00 +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