INDIABULLS

Indiabulls Financial Services Limited has informed the Exchange that Credit Analysis and Research Ltd. (CARE Ratings), has reaffirmed "CARE AA+" rating to the Company's Long Term Debt Programme.

Indiabulls Financial Services Limited has informed the Exchange that ICRA, an associate of Moody's Investors Service, has reaffirmed "[ICRA] AA" rating to the Company's Long Term Debt Programme.

Indiabulls Financial Services Limited has informed the Exchange that CARE has upgraded our rating to "CARE AA+" [Double A Plus] from its earlier assigned rating "CARE AA" [DOUBLE A] to the Company's Long Term Debt Programme (including NCDs and Bank Borrowings). The company already has been assigned the following ratings: 1)"AA/Stable" (pronounced "Double A rating with stable outlook") from CRISIL,a Standard & Poor's Company. 2)"LAA" (pronounced L Double A) by ICRA (An Associate of Moody's Investors Service) to the company's Non Convertible Debentures programme.

Indiabulls Financial Services Limited has informed the Exchange that "CRISIL has upgraded its rating to "AA/Stable" (pronounced "Double A rating with stable outlook") from its earlier assigned rating "AA-/Positive" (pronounced "Double A minus rating with positive outlook") to the Long Term Debt Programme (including NCDs and Bank Borrowings) of Indiabulls Housing Finance Limited and Indiabulls Infrastructure Credit Limited (the subsidiary companies of Indiabulls Financial Services Limited). Further, CRISIL has reaffirmed its P1+ rating to the Short Term Debt Programme of both the subsidiary com

Indiabulls Financial Services Limited has informed the Exchange that : "CRISIL has upgraded our rating to "AA/Stable" (pronounced "Double A rating with stable outlook") from its earlier assigned rating "AA-/Positive" (pronounced "Double A minus rating with positive outlook") to the Company's Long Term Debt Programme (including NCDs and Bank Borrowings). The company already has been assigned the following ratings : (1) "LAA" (pronounced L Double A) ICRA (An Associate of Moody's Investors Service) to the company's Non Convertible Debentures programme. (2) 'CARE AA' (Double A) by CARE to the comp

Indiabulls Financial Services Limited has informed the Exchange that "CRISIL has assigned its highest rating of "P1+" (pronounced 'P one plus') to the Rs.50 Billion (enhanced from Rs.40 billion) Short-Term Debt Programme, of the Company".

Indiabulls Financial Services Limited has informed the Exchange that CRISIL has assigned the rating of "AA-/Stable" to the Rs. 30.3988 Billion bank facilities of the Company. This being the first bank facilities rating assigned to the Company by CRISIL. These bank loan ratings are as below : 1) Facility : Long Term Loan; Rated Amount Rs. in Billion : 21.3988; Rating : "AA-/ Stable". 2) Facility : Cash Credit; Rated Amount Rs. in Billion : 9.00; Rating : "AA-/ Stable". Total : Rated Amount Rs. in Billion : 30.3988. CRISIL has also reaffirmed its rating of "AA-/ Stable" to the Company's Non-Conv

Indiabulls Financial Services Limited has informed the Exchange that CRISIL has assigned the rating of "AA-/Stable" to the Rs. 10 Billion Non-Convertible Debentures Programme of the Company. This being the first long term debt rating assigned to the Company by CRISIL. Further the Company has informed that CRISIL has reaffirmed its highest rating of "P1+" (pronounced 'P one plus') to the Rs. 40 Billion Short-Term Debt Programme, of the Company.

Indiabulls Financial Services Limited has informed the Exchange that: "CRISIL has assigned the highest rating of "P1+" (pronounced 'P one plus') to the Rs.4000 crore short term debt programme of the Company (enhanced from Rs.2000 crores). CRISIL is India's leading Ratings, Research, Risk and Policy Advisory company and is a majority owned subsidiary of Standard and Poor's, the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data".

Indiabulls Financial Services Limited has informed the Exchange that: "The Rating Committee of CRISIL has assigned the highest rating of "P1+" (pronounced 'P one plus') to the Rs. 2000 crore Short Term Debt Programme of the Company (enhanced from Rs. 1000 crore). CRISIL is a majority-owned subsidiary of Standard and Poor's, the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data".

Indiabulls Financial Services Limited has informed the Exchange that "the Rating Committee of CRISIL has assigned the highest rating of "P1+" (pronounced 'P one plus') to the Rs. 1000 crore Short Term Debt Programme of the Company (enhanced from Rs.750 crore)".

Indiabulls Financial Services Limited has informed the Exchange that: "The CRISIL has assigned the highest broker grading "CRISIL BQ 1" to Indiabulls Securities Ltd., a 100% subsidiary of Indiabulls Financial Services Ltd. (IBFSL) As has already been intimated earlier, CRISIL has assigned the highest rating of "P1 +" (pronounced as "P one Plus") for unsecured short term borrowing programme of Rs. 7.50 billion of IBFSL. CRISIL has also assigned its highest rating "AAA (SO)" for Pass through Certificates, in relation to loan receivables of Indiabulls Credit Services Ltd. (ICSL), and credit Opin

Indiabulls Financial Services Limited has informed the Exchange that the Rating Committee of CRISIL has assigned the highest rating of "P1+" (pronounced 'P one plus') to the Rs. 500 crore Short Term Debt Programme of the Company (enhanced from Rs. 300 crore).

Indiabulls Financial Services Limited has informed the Exchange that the Rating Committee of CRISIL has assigned the highest rating of "P1+" (pronounced 'P one plus') to Rs.300 crore Short Term Debt Programme of the Company (enhanced from Rs.150 crore).

Indiabulls Financial Services Limited has informed the Exchange that the Rating Committee of CRISIL has assigned the highest rating of "P1+" (pronounced 'P one plus') to Rs. 150 crore Short Term Debt Programme of the company. Futher the company has also informed that previously CRISIL had assigned the same rating [i.e. "P1+" (pronounced as 'P one plus')] to Rs. 100 crore Short Term Debt Programme of the company.

Indiabulls Financial Services Limited has informed the Exchange that the Rating Committee of CRISIL has assigned the highest rating of "P1+" (pronounced 'P one plus') to Rs. 100 crore Short Term Debt Programme of the company.