1 February 2022
National Stock Exchange of India Limited | BSE Limited |
"Exchange Plaza", | Phiroze Jeejeebhoy Towers, |
Bandra - Kurla Complex, | Dalal Street, |
Bandra (E), | Mumbai - 400 001 |
Mumbai - 400 051 | |
Dear Sirs, |
Sub: Disclosure under Regulation 30 - Revision in Credit Rating
Ref: "Vodafone Idea Limited" (IDEA / 532822)
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that Care Ratings Limited (CARE), has upgraded its rating on Long Term Bank Facilities and Non-Convertible Debentures as per the rating rationale uploaded on its website today (i.e. on 01.02.2022).
The revised credit rating is as under:
Credit Rating | Type of Credit Rating | Existing Rating / | Revised Rating / |
Agency | Outlook | Outlook | |
Long Term Bank | CARE B- | CARE B+ | |
(Credit Watch with | |||
Facilities | (Outlook : Stable) | ||
Negative Implications) | |||
CARE | |||
Non-Convertible | CARE B- | CARE B+ | |
(Credit Watch with | |||
Debentures | (Outlook : Stable) | ||
Negative Implications) | |||
Additionally, new rating of CARE A4 has been assigned by CARE for Short Term Bank facilities. The above is for your information and dissemination to the members.
Thanking you,
Yours truly,
For Vodafone Idea Limited
Pankaj Kapdeo
Company Secretary
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Idea Cellular Limited published this content on 01 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 February 2022 14:51:03 UTC.