Ratings assigned by Credit Rating Agencies:

Particulars Rating Agency Rating
Non-Convertible Debentures (NCDs) issued on Private Placement basis
Long Term Debt Programme CARE Ratings Limited CARE D (Single D)
Principal Protected Market Linked Debentures CARE Ratings Limited CARE PP-MLD D (PP-MLD Single D)
Principal Protected Market Linked Debentures Brickwork Ratings India Private Limited BWR PP MLD D (Single D); (Downgraded)
Subordinated Tier II NCD Brickwork Ratings India Private Limited BWR D (Single D); (Downgraded)
Secured NCDs Brickwork Ratings India Private Limited BWR D (Single D); (Downgraded)
Subordinated Debt CARE Ratings Limited CARE D (Single D)