GODREJ INDUSTRIES LTD. - 500164 - Announcement under Regulation 30 (LODR)-Credit Rating
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that CRISIL has assigned 'CRISIL A1+' [pronounced 'CRISIL A one plus'] rating to the Company's issue of Commercial Paper Programme of upto Rs. 1,500 Crore (Rupees One Thousand Five Hundred Crore) [enhanced from Rs.1,000 Crore (Rupees One Thousand Crore) to Rs.1,500 Crore (Rupees One Thousand Five Hundred Crore)]. Instruments with this rating are considered to have very strong degree of safety regarding timely payment of financial obligations. Such instruments carry lowest credit risk. Kindly take the above on your records.03-11-2020