Tejas Networks has informed about submission of Letter of Credit rating issued by ICRA for Rs 559.86 crore stating that after due consideration by the rating Committee of ICRA, it has reaffirmed the long term rating for the captioned Line of Credit (LOC) at [ICRA] A. The outlook on the long term rating has been revised from Positive to Stable. The rating Committee of ICRA has also reaffirmed the short term rating for the captioned LOC at [ICRA] A1. The letter of reaffirmation of credit rating dated November 22, 2019 is enclosed. The above information is also being made available on the website of the Company at www.tejasnetworks.com.
The above information is a part of company’s filings submitted to BSE.
