Dawn Retail has informed that the credit rating of listed Non Convertible Debentures of the Company has been revised from BBB+ (SO) (pronounced triple B plus (Structured Obligation)) issued by CARE to CRISIL A-/Stable (pronounced as CRISIL A minus rating with Stable outlook)' issued by CRISIL vide its letter no. DARAPL/207942/NCD/111802940 dated 2nd November, 2018. This intimation is in pursuance of Regulation 51(2) read with Part B of Schedule III of the Securities and Exchange Board of lndia (Listing Obligations and Disclosure Requirements), Regulations, 2015.
The above information is a part of company’s filings submitted to BSE.