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Jindal Steel & Power informs about credit rating

01 Feb 2021 Evaluate

Pursuant to Regulation 30(6) read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), Jindal Steel & Power has informed hat credit rating agency, CRISIL, has upgraded its Rating from ‘CRISIL BBB with Stable outlook’ to ‘CRISIL A- with Stable outlook’ on the Long Term Bank Facilities and Non-Convertible Debentures and from ‘CRISIL A3+’ to ‘CRISIL A2+’ for short term facilities of the company. The ratings are upgraded to CRISIL A- with Stable outlook for long term facilities and Non-Convertible Debentures and CRISIL A2+ for short term facilities. Pursuant to Regulation 46 of the Listing Regulations, the aforesaid information is also disclosed on the website of the Company, www.jindalsteelpower.com.

The above information is a part of company’s filings submitted to BSE.


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