Corporate announcements

Rama Newsprint And Papers Limited has informed the Exchange that M/s. ICRA India Ltd. has revised the Credit Ratings to the debts of the Company. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Rama_CR_17022010.zip target=NEW> For more details click here.</a>

Titan Industries Ltd. has informed the Exchange that "CRISIL has upgraded the rating assigned to the Company's long term rating from AA- Stable to AA Stable (pronounced as AA Stable) which indicates high degree of safety of the long term instruments".

Amara Raja Batteries Ltd has informed the Exchange that CRISIL has upgraded / reaffirmed its rating for the bank facilities.The details of the same shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Amara_CR_10022010.zip target=NEW> For more details click here.</a>

Indoco Remedies Limited has informed the Exchange that "ICRA, the credit rating agency, has reaffirmed credit ratings for the Company's Commercial Paper as A1+ and LA+ for the long term borrowings. A1+ rating indicates highest credit quality rating and LA+ rating indicates adequate credit quality rating".

Niit Technologies Limited has informed the Exchange that CRISIL has assigned a Credit Rating of "AA/Stable" to the Company for Cash Credit Limit & "P1+" for Letter of Credit. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/NIIT_CR_18012010.zip target=NEW> For more details click here.</a>

Dynacons Systems & Solutions Ltd. has informed the Exchange that "The rating Committee of ICRA has assigned an "A3"(pronounced as A Three) rating for Rs. 5 crore short-term sanctioned bank limits for Fund Based/Non-Fund Based facilities and "LBBB-"(pronounced as L triple B minus) rating for Rs.3.75 Crore sanctioned Bank limit for Fund Based facilities".

Sterlite Technologies Limited has informed the Exchange that CRISIL Limited has upgraded the rating for the Rs. 3.5 billion Short Term Debt Programme of the Company from "P1" (pronounced "P one") to P1+ (Pronounced "P One plus"). The revised rating 'P1+" indicates very strong degree of safety with regard to timely payment of interest and principal on the instrument. Further, CRISIL has also upgraded rating for the bank facilities of the Company as below: (1) Cash credit for Rs. 5,200 million from "A-/ Positive" to "A+/Stable". (2) Non-fund based facilities for Rs. 39,800 million from "P1" to "

Vipul Limited has informed the Exchange that M/s. ICRA Ltd. revised the rating assigned to the Company as"LB" pronounced as "LB" in respect of long term borrowings (Source MSE)

Phillips Carbon Black Ltd. has informed the Exchange that:"Credit Analysis & Research Ltd. (CARE Ratings) has assigned highest rating i.e, PR1 + [P R One Plus] for Short Term Debt (including Commercial Paper, MIBOR linked debentures & Short term loan) programme of the Company".

Sanwaria Agro Oils Limited has informed the Exchange that Credit Analysis & Research Limited (Rating Committee) has decided to retain 'PR2' (PR Two) rating to short term facilities and 'CARE BBB' (Triple B) rating to long term facilities of the Company for a period of one year. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/sanwaria_Rating_05012010.zip target=NEW> For more details click here.</a>

Moser-Baer (I) Ltd has informed the Exchange that the CARE has rated the bank facilities of Moser Baer India Limited as follows:- (1) Long term Bank Facilities: BBB- (Triple 'B' Minus) (2) Short Term Bank Facilities: PR3 (PR 'Three' ).

Moser-Baer (I) Ltd has informed the Exchange that CRISIL has rated the bank facilities of Moser Baer India Limited. The details of the same shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/MoserBaer_updates_31122009.zip target=NEW> For more details click here.</a>

Krbl Limited has informed the Exchange that "Credit rating agency ICRA has reviewed it rating in respect of Fund & Non fund Base credit limit from bank and also for issuance of commercial paper and assigned the following rating:- (1) Particulars:- Rating for Rs.1255 Crore Fund Base Limit from bank; Rating: 'LA+'.(2) Rating for Rs.100 Crore Non-Fund Base limit from Bank; Rating: 'A1'.(3) Issuance of commercial paper for Rs. 50 Crore; Rating: 'A1+(s)' "

Micro Inks Limited has informed the Exchange that " The Credit Analysis & Research Ltd. (CARE) vide its letter dated December 21, 2009:- (1) has retained the 'CARE AA' (Double A) rating assigned to the long-term facilities (having tenure of over one year) and 'PR1+' (PR one plus) rating assigned to the short-term facilities (having tenure up to one year); (2) has retained 'PR1+' (PR one plus) rating assigned to the Company's Short-term Debt (STD) Programme [Including Commercial Paper (CP) ] for an enhanced amount upto Rs. 100 crore for a maturity upto one year."

Reliance Communications Limited has informed the Exchange that: "Credit Analysis & Research Limited (CARE) has assigned a 'PR1+' (PR One Plus) highest rating to the Short-term Debt CP / NCD of the Company having tenure up to one year".

Ess Dee Aluminium Limited has informed the Exchange that M/s Credit Analysis & Research Limited (CARE) vide their letters dated December 10, 2009 have assigned Ratings to various borrowing programmes of the Company. The details of the same shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/essdee_cr_16122009.zip target=NEW> For more details click here.</a>

Transport Corporation Of India Limited has informed the Exchange that : "Keeping in view our strong & improved performance, ICRA has re-affirmed its Top Rating of 'A1+' to our Short Term Debt Raising Programme upto Rs.120 Crore".

Housing Development And Infrastructure Limited has informed the Exchange that the Company has received a letter dated December 14, 2009 from Credit Analysis & Research Ltd (CARE) advising us their assigning " CARE A+ (Single A Plus) rating to the proposed NCD issue of the Company. Company is proposing to issue long term non-convertible debentures aggregating to Rs. 1,150/- crores (Rupees One thousand one hundred fifty crores).CARE had earlier assigned "CARE A " rating to its existing NCDs.

Transport Corporation Of India Limited has informed the Exchange that : "Keeping in view our strong & improved performance, CRISIL has upgraded our RATING under BASEL II Norms". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/TCI_Rating_27112009.zip target=NEW> For more details click here.</a>

Corporation Bank has informed the Exchange that the CARE has reaffirmed the ratings to the debt instruments issued by the Bank. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/CORPbank_update_23112009.zip target=NEW> For more details click here.</a>

Mahindra & Mahindra Financial Services Limited has informed the Exchange that: "CRISIL vide its Rating Release dated 5th October, 2009, has revised its rating outlook assigned to the Company's Debt Programmes and Bank Facilities from 'AA-/Negative' to ' AA-/Stable' and the Fixed Deposit Programme from 'FAA/Negative' to 'FAA/Stable', respectively. The Rating on the Company's Short-Term Debt and Bank Loans has been re-affirmed at 'P1+'. The rating outlook indicates the direction in which a rating may move over a medium-term horizon of one-to-two years".

Birla Corporation Ltd has informed the Exchange that CRISIL has assigned AA+/Stable (Double A Plus with stable outlook) rating to the proposed issue of Long Term Non-Convertible Debenture Programme of up to Rs. 500 crores of the Company. Further, Credit Analysis & Research Limited (CARE) has assigned/ upgraded re-affirmed the following ratings to the Company. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/BIRLA_update_19112009

Reliance Communications Limited has informed the Exchange that "ICRA Limited has assigned long term rating of "LAA+" for the long term debt programme of the Company. ICRA Limited has also reaffirmed its short term rating of A1+ assigned earlier".

Titan Industries Ltd. has informed the Exchange regarding Revision in Credit Ratings. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Titan_CR_13112009.zip target=NEW> For more details click here.</a>

Lakshmi Vilas Bank Ltd has informed the Exchange that: "Further to our intimation dated 10.09.2009 as to rating of BBB+ for the proposed Rs.100 crores Unsecured Redeemable Tier-II Bonds issue Series-VI by M/s. Fitch Ratings, M/s. Brickwork Ratings India Pvt. Ltd. has also rated BWR A (Outlook:Stable) for the said issue".

Zensar Technologies Limited has informed the Exchange regarding Credit Rating assigned to the Company by ICRA Limited for short term and long term debt instruments as follows: (1)"A1+" credit rating for Short Term Debt Instrument, implying highest credit quality and lowest credit risk in short term with relatively stronger credit quality; (2) "LAA" credit rating for long term debt instruments implying high credit quality and low credit risk".

Bank Of India has informed the Exchange that "The Investment Credit Rating Agency (ICRA) has revised the Credit Rating on our Bonds and Terms Deposits". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/bankofindia_updates_09112009.zip target=NEW> For more details click here.</a>

Excel Industries Limited has informed the Exchange that "Crisil Limited vide their Letter Ref. MB/CR/EIL/2009/CH 3678 dated August 27, 2009 have revised ratings in respect of the bank facilities".The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Excel_Rating_04112009.zip target=NEW> For more details click here.</a>

Nirma Ltd. has informed the Exchange that "Credit Rating Agency (CRISIL) has reaffirmed the under mentioned ratings: (1) Facility : Cash Credit Limit; Rating : AA/Stable. (2) Facility : Letter of Credit/ Bank Guarantee; Rating : P1+".

Gujarat Alkalies And Chemicals Ltd. has submitted to the Exchange a copy of the letter dated September 29, 2009 of Credit Analysis of Credit Analysis & Research Ltd. (CARE) retaining rating of "CARE AA" for long term (more than one year) and "PR1+" for short term (up to one year) in respect of various Bank facilities availed by the company. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/GACL_Rating_29102009.zip target=NEW> For more

First Leasing Company Of India Ltd has informed the Exchange that the ratings assigned by Credit Analysis Research Ltd. vide their letter dated October 06, 2009 to company's Debt. Instruments, Fixed Deposits Programme and Long term Bank facilities. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/FirstLease_Rating_20102009.zip target=NEW> For more details click here.</a>

Xpro India Limited has informed the Exchange that "As a routine course of business, Fitch Ratings have assigned a National Long-Term Issuer rating of 'BBB-(ind)' (BBB minus (ind)) to the Company. The Outlook is Stable". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/xproind_UP_20102009.zip target=NEW> For more details click here.</a>

Panacea Biotec Ltd. has informed the Exchange regarding "CARE Rating -'PR 1' Commercial Papers". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). <a href=/content/corporate/Panacea_rating_15102009.zip target=NEW> For more details click here.</a>

Genus Power Infrastructures Limited has informed the Exchange that "Fitch Ratings India Pvt. Limited has affirmed rating of 'F1(ind)' for the Commercial Paper Program of INR 1000mn of the Company. 'F1(ind)' indicates the strongest capacity for timely payment of financial commitments relative to other issuers or issues in the country. Under the national rating scale, this rating is assigned to the "best" credit risk relative to all others in the country".

Torrent Power Limited has submitted to the Exchange a copy of a communication regarding revised credit rating assigned to the Company by CRISIL Limited. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Torrent_Updates_07102009.zip target=NEW> For more details click here.</a>

Nhpc Limited has informed the Exchange that M/s Standard & Poor's has reaffirmed credit rating of NHPC Limited as 'BBB-' and removed from credit watch negative; outlook negative. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/NHPC_CR_01102009.zip target=NEW> For more details click here.</a>

Ajanta Pharma Limited has informed the Exchange that after surveillance, Credit Analysis & Research Limited (CARE) has assigned "PR-1" (pronounced as PR-One) rating for Company's proposed Commercial Paper Programme of Rs. 30 Crores for a maturity not exceeding one year.

Pratibha Industries Limited has informed the Exchange that "CARE assigns 'CARE A' (Single A) rating to Pratibha Industries Ltd. for its proposed long-term non convertible debenture issue of Rs.60 crores". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/pratibha_rating_11092009.zip target=NEW> For more details click here.</a>

Pratibha Industries Limited has informed the Exchange that "CRISIL Limited (CRISIL) has assigned credit ratings of 'A-/Stable' & 'P2+' to Pratibha Industries Ltd. for its bank facilities totalling Rs.1123 crores. Pratibha Industries Ltd. is engaged in the business of integrated infrastructure solutions and manufacture of SAW pipes. As Pratibha moves ahead, we have laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operational efficiencies".

Hcl Technologies Ltd has informed the Exchange regarding Ratings assigned by CRISIL & ICRA for Rs 500 crore Non-Convertible Debentures Programme. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/HCLTECH_UP_25082009.zip target=NEW> For more details click here.</a>

Eid Parry India Ltd. has informed the Exchange that CRISIL has upgraded the credit rating to "AA/Stable" (pronounced "Double A rating with Stable outlook"), from "AA-/Stable" for the following: (1)Non-Convertible Debentures (Rs. 500 million) (2)Bank facilities- (i)Term loans (Rs. 3855 million) and (ii) Cash Credit (Rs. 4030 million). The revised rating indicates high degree of safety with regard to timely payment of interest and principal on the instrument.

Kec International Limited has informed the Exchange that the ICRA has assigned an A1 (pronounced as A one) rating to the proposed short term debt programme (including commercial paper) of the Company of Rs. 100 crores (enhanced from Rs. 50 crores).

Venky'S (India) Limited has informed the Exchange that ICRA has reaffirmed rating LA- (Pronounced L A minus) indicating the adequate credit -quality on long term scale and A1 (pronounced A one) indicating the highest-credit-quality on short term scale to bank of Venky's (India) Limited (VIL). The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/venky_updates_13082009.zip target=NEW> For more details click here.</a>

Venky's (India) Limited has informed the Exchange that, ICRA has assigned an "A1" (pronounced A one) rating for Short Term Debt (including commercial paper) Programme of Rs. 25 Crores. This is the highest-credit-quality rating assigned by ICRA to short term debt instruments. Instruments rated in this category carry the lowest credit risk in the short term.

Omax Autos Limited has informed the Exchange that : (1) The Rating Committee of ICRA, after due consideration of the latest developments, has downgraded Credit Rating (a) For short term bank facilities from "A2+" (pronounced as A two plus) to "A2" (pronounced as A two); and (b) For Long term bank facilities from "LA-" (pronounced as L A minus) to "LBBB+" (pronounced as L triple B plus). (2) Also, Fitch Ratings India Pvt. Ltd. has withdrawn India's Omax Autos Limited's(OAL) 'Fl(ind)' rating assigned to INR1.25bn Commercial Paper/ Short Term Debt Programme. There is no outstanding amount agains

Aditya Birla Nuvo Limited has informed the Exchange that "The long term bank facilities (including working capital limits) and non-convertible debentures of the Company has been assigned a 'LAA+' (L double A plus) rating and short term bank facilities has been assigned a 'A1+' (A one plus) rating by ICRA Limited. LAA+ is the high-credit-quality rating assigned by ICRA to long term debt instruments and signifies low credit risk. A1+ is the highest-credit-quality rating assigned by ICRA to short term debt instruments and signifies lowest credit risk in the short term. Further, Credit Analysis &

Corporation Bank has informed the Exchange that the CRISIL has upgraded the ratings to the debt instruments issued by the Bank. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Coporation_creditrating_06082009.zip target=NEW> For more details click here.</a>

Alstom Projects India Limited has informed the Exchange that "ICRA Limited (ICRA) has reaffirmed the rating of "LAA" (pronounced as L double A) for Rs. 47.50 crores fund based limits and Rs.1942.21 crores long term non fund based limits of ALSTOM Projects India Limited (APIL). The assigned rating indicates high-credit-quality rating assigned by ICRA. ICRA has also reaffirmed a "A1+" (pronounced as A one plus) rating to Rs. 1942.21 crores short term non fund based limits of APIL indicating the lowest credit risk in the short term. This is highest-credit-quality rating assigned by ICRA to short-

Page Industries Limited has informed the Exchange that: "CRISIL has assigned a P1+ rating to the Rs. 15 crore Commercial Paper Programme of our Company".

Lupin Limited has informed the Exchange that: "ICRA Limited has assigned the rating of "A1+" (pronounced "A One Plus") to the Company's Short Term Debt (including Commercial Paper) programme of Rs.250 crore (Enhancement from Rs.100 crore). "A1+" is the highest-credit-quality rating assigned by ICRA to short term debt instruments".