This is to inform you that ICRA Limited(ICRA) has assigned a long term rating of ICRABBB-Stable and short-term rating of ICRAA3 for the Company, ICRABBB-(Stable) for long term Fund Based Term Loan of Rs. 75 Cr, ICRABBB-(Stable)/ICRAA3 for long term/short term fund based Working Capital limits of Rs. 512.80 Cr, Long term/short term -Non Fund Based limits of Rs. 171.20 Cr, and long term/short term -Unallocated limits of Rs. 326 Crore with \Stable\ outlook. This is an Investment Grade Rating.