Corporate announcements

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that CRISIL has upgraded the ratings outstanding for the debt instruments/ facilities of the Company as under:-Long-Term Rating CRISIL A/Stable (Upgraded from ���CRISIL A-/Stable���)Short-Term Rating CRISIL A1 (Upgraded from ���CRISIL A2+���)The upward revision in credit rating reflects the strong and consistent operational and financial performance of the Company. The letter dated 28th June 2022 issued by CRISIL in this regard is attached herewith.You are requested to

Pudumjee Paper Products Limited has informed the Exchange about Upgrade of Credit Rating. Intimation of Revision in Credit Rating under SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.

Bharat Heavy Electricals Limited has informed the Exchange about Affirmation of Credit Rating

JSW Steel Limited has informed the Exchange about Upgrade of Credit Rating

Dhanlaxmi Bank Limited has informed the Exchange about Affirmation of Credit Rating

Suryalakshmi Cotton Mills Limited has informed the Exchange about Assignment of Credit Rating

JK Tyre & Industries Limited has informed the Exchange about Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Credit Ratings of Cavendish Industries Limited (a subsidiary of JK Tyre & Industries Ltd.)

Edelweiss Financial Services Limited has informed the Exchange about Upgrade of Credit Rating

Hi-Tech Pipes Limited has informed the Exchange about Affirmation of Credit Rating

Aptus Value Housing Finance India Limited has informed the Exchange about Assignment of Credit Rating

Pursuant to Regulation 30(6) read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (���Listing Regulations���), with reference to the communication from the rating agency ICRA Limited dated June 24, 2022, we would like to inform that the credit rating agency has downgraded the Long-term and Short-term credit ratings of the fund based and non-fund based facilities of the Company. In accordance with Listing Regulations, please find attached the details of the revision in ratings.

Indusind Bank Limited has informed the Exchange about Affirmation of Credit RatingIndia Ratings & Research have, vide their communication dated June 23, 2022, reaffirmed the Issuer and Credit Ratings on the Debt instruments of the Bank as mentioned in the attached letter.This disclosure is being made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20l5. A communication from Rating Agency is enclosed for reference.We request you to take the above information on record.

Pursuant to Regulation 30(6) read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (���the SEBI Regulations���), this is to inform you that we are in receipt of intimation letter from ICRA Limited (���ICRA���) dated 23rd June, 2022, re-affirming / assigning the long-term rating of ���[ICRA]AA-��� (pronounced ���ICRA double A minus���) and the short term rating of ���[ICRA]A1+��� (pronounced ���ICRA A one plus���) for the Rs. 839 Crore (enhanced from Rs.574 Crore) Fund Based and Non-Fund Based facilities of the C

Crompton Greaves Consumer Electricals Limited has informed the Exchange about Affirmation of Credit Rating for Term Bank LoanFacilities

Crompton Greaves Consumer Electricals Limited has informed the Exchange about Assignment of Credit Rating for the proposed issue of NCDs

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to intimate you that CRISIL, vide its letter dt. 23rd June 2022, has informed the Company that in compliance of SEBI circular dt. 16th July, 2021 and 1st April, 2022, for standardizing the rating scales used by the Credit Rating Agencies, CRISIL Ratings has migrated the rating for Fixed Deposits (FD) Programme of JK Paper Limited of Rs. 100 crore to ���CRISIL AA-/Stable��� from ���FAA/Stable���.As per abovementioned letter of CRISIL, ���this migration represents only a recalibration o

Gufic Biosciences Limited has informed the Exchange about Upgrade of Credit Rating

We wish to inform you that CRISIL Ratings Limited has reaffirmed (���FAAA/Stable���) rating on Fixed Deposit programme and withdrawn at the Company���s request. CRISIL���s Ratings rationale dated June 23, 2022 is enclosed.This is in compliance with Regulation 30 and other applicable Regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (���Listing Regulations���) and other applicable provisions of SEBI Regulations, if any.

Angel One Limited has informed the Exchange about Upgrade of Credit Rating

Chemcon Speciality Chemicals Limited has informed the Exchange about Affirmation of Credit Rating

INTIMATION PURSUANT TO REGULATION 30 OF THE LISTING REGULATION REGARDING UPGARDE OF CREDIT RATING

Punjab National Bank has informed the Exchange about Rating Action by India Ratings and Research.

Karur Vysya Bank Limited has informed the Exchange about Affirmation of Credit Rating

PNC Infratech Limited has informed the Exchange about Withdrawal of Credit Rating assigned to the Bank facilities of PNC Rajasthan Highways Private Limited (PRHPL) with immediate effect, as the company has repaid the term loan in full and there is no amount outstanding under the loan as on date as per report received on 22.06.2022.

We wish to inform you that the rating agency namely, India Ratings and Research (Ind-Ra) in compliance with the circular SEBI/HO/MIRSD/MIRSD_CRADT/P/CIR/2021/594 issued by the Securities and Exchange Board of India (���SEBI���) on July 16, 2021 and the subsequent circular SEBI/HO/MIRSD/MIRSD_CRADT /P/CIR/2022/43 of April 1, 2022, for standardising the rating scales used by the credit rating agencies and RBI circular on Review of Minimum Investment Grade Credit Ratings for Deposits of NBFCs dated 02 May, 2022, has reassigned as per the attached rating on Company���s Fixed Deposit.

Elgi Rubber Company Limited has informed the Exchange about Affirmation of Credit Rating

Suryalakshmi Cotton Mills Limited has informed the Exchange about Upgrade of Credit Rating

Gujarat Alkalies and Chemicals Limited has informed the Exchange about Reaffirmation of Credit Rating. Sub.: Credit Rating by CARE for ��� (i) Long Term Bank Facilities of Rs.723.98 Crore (ii) Short Term Bank Facilities of Rs.45 Crore (iii) Commercial Paper Issue of Rs.100 CrorePursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith copies of letters both dated 21st June, 2022 (received on 21st June, 2022) issued by CARE Ratings Limited (CARE). Kindly be informed that CARE has reviewed and reaffirmed the ratings for the Bank Fa

Remsons Industries Limited has informed the Exchange about Reaffirmed the Credit Rating

Shriram Transport Finance Company Limited has informed the Exchange that in compliance with the circular SEBI/HO/MIRSD/MIRSD_CRADT/P/CIR/2021/594 issued by the Securities and Exchange Board of India (���SEBI���) on July 16, 2021 and the subsequent circular SEBI/HO/MIRSD/MIRSD_CRADT /P/CIR/2022/43 of April 1, 2022, for standardising the rating scales used by the credit rating agencies, ICRA has discontinued the medium-term rating scale used for assigning ratings to the fixed deposit programmes of entities. Accordingly, ICRA Ratings has migrated the rating currently outstanding for the fixed de

Announcement under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- International Credit Rating by Fitch Ratings

Generic Engineering Construction and Projects Limited has informed the Exchange about Affirmation of Credit Rating

Filatex India Limited has informed the Exchange about Upgrade of Credit Rating

Bharat Bijlee Limited has informed the Exchange about affirmation of Credit Rating

With reference to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that we had obtained and assigned the Credit Rating for Bank Facilities of Rs. 500.00 Crores of the Company from the Credit Rating Agency viz., ICRA Limited (ICRA) vide its Letter Ref. No. ICRA/Elecon Engineering Company Limited/20062022/1 dated 20th June, 2022 as enclosed.A copy of the letter is enclosed for your reference & record.

KPI Green Energy Limited has informed the Exchange about Upgrade of Credit Rating to [ICRA]A- (Stable)/[ICRA]A2+; outlook revised to Stable from Positive by ICRA for the total Credit facilities of Rs. 261.25 Crores. Disclosure is attached herewith

Housing & Urban Development Corporation Limited has informed the Exchange about Affirmation of Credit Rating- International Credit Rating by Fitch Ratings

This is to inform you that credit rating agency Moody's Investors Service ("Moody's") has affirmed the Baa3 deposit rating of Axis Bank Limited (���Bank���). At the same time Moody's has upgraded the Bank's baseline credit assessments (BCA) to baa3 from ba1 reflecting improvements in credit fundamentals, in particular asset quality.Axis Bank Limited, GIFT City Branch's preferred stock non-cumulative bond rating has been upgraded to Ba3(hyb) from B1(hyb), driven by the BCA upgrade.The outlook on ratings for the Bank, where applicable, remains stable.The rating rationale letter of Moody's is att

Pursuant to Regulation 30 and 51(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, This is to inform you that on 16th June, 2022, India Ratings and Research Private Limited (India Rating) has revised the credit rating of the Company to ���IND BB+��� from ���IND BBB+��� vide email received from India Rating on 17th June, 2022.

Pursuant to Regulation 30 and 51(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, This is to inform you that on 16th June, 2022, India Ratings and Research Private Limited (India Rating) has revised the credit rating of the Company to ���IND BB+��� from ���IND BBB+��� vide email received from India Rating on 17th June, 2022.

Bharat Heavy Electricals Limited has informed the Exchange about Affirmation of Credit Rating

JK Tyre & Industries Limited has informed the Exchange about Credit Ratings

Aavas Financiers Limited has informed the Exchange about Upgrade of Credit Rating

Shriram City Union Finance Limited has informed the Exchange that ICRA Limited as per the SEBI circular SEBI/ HO/ MIRSD/ MIRSD_CRADT/ P/ CIR/ 2021/ 594 dated July 16, 2021 has discontinued the medium-term rating scale based on which ratings were assigned to the fixed deposit programme of the Company and migrated the outstanding rating i.e. MAA+ to ICRA AA on watch with positive implications

Shriram City Union Finance Limited has informed the Exchange about Affirmation of Credit Rating ICRA Limited had re-affirmed the ratings of Non-Convertible Debenture Programme (NCD), Commercial Paper (CP) and Market Linked Debentures (MLD).

Indian Bank has informed the Exchange about Assignment of Credit Rating to Bank's proposed additional Certificate ofDeposits of Rs.10,000 crore

Mahindra & Mahindra Financial Services Limited has informed the Exchange about Withdrawal of Credit Rating

Mahindra & Mahindra Financial Services Limited has informed the Exchange about Affirmation of Credit Rating

Sundram Fasteners Limited has informed the Exchange about Affirmation of Credit Rating

Transformers And Rectifiers (India) Limited has informed the Exchange about Affirmation of Credit Rating