Escorts has informed that Crisil has renewed the rating with upward revision in outlook to Positive from Stable and reaffirmed the credit ratings as follows: Product Rating Limits, Long-Term rating CRISIL AA- with positive outlook Rs. 1000 cr.,Short-Term rating CRISIL A1+, Commercial Paper Rating CRISIL A1+ Rs. 100 cr. The copy of the published rating is available on the website of CRISIL at the following link:
https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/Escorts_Limited_October_29_2020_RR.html
The above information is a part of company’s filings submitted to BSE.