Pursuant to the provisions of Regulation 30 read with Schedule III Part A Para A (3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please be informed that CARE Ratings Limited has revised the ratings of the Company :Facilities : Long Term / Short Term facilitiesRating : CARE BBB; Stable / CARE A3+Rating Action : Downgraded from CARE BBB+ / CARE A2The reasons for downward revision in credit rating as provided by CARE Ratings Limited is given in the attached letter.