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Instrument Type	Date of Issuance	Coupon Rate (%)	Maturity Date	Size of Issue (million)	Rating assigned along with Outlook/Watch	Rating Action
Non-convertible debentures	-	-	-	INR 24,446.45 (reduced from INR 26,462.67)	IND A/Stable	Upgraded
Bank loans	-	-	-	INR 29,500	IND A/Stable	Upgraded
Non-convertible debentures				INR 4,000	IND A/Stable	Assigned
Commercial paper				INR 1,000	IND A1	Assigned

Instruments	Amount (Rs. Cr)		Tenure	Rating
Instruments	Previous	Present	Tenure	Previous (28 July 2023)	Present
NCD	678.24	473.53	Long Term	BWRBBB+/ Positive (Reaffirmed)	BWRBBB+/ Positive (Reaffirmed)
NCD	278.98	251.48	Long Term
Proposed NCD	178.36	178.36
Total	1135.58	903.37*	Rupees Nine Hundred and Three Crores and Thirty Seven lakhs

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INDIA RATINGS & RESEARCH PRIVATE LIMITED – Updated on 29 July 2025

BRICKWORK RATINGS INDIA PRIVATE LIMITED – Updated on 26 July 2024

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