MoneyWorks4Me

Bajaj Electricals has informed that after due consideration, CRISIL Ratings Limited ('CRISIL') has assigned a CRISIL A1+ [pronounced as 'CRISIL A one plus'] rating for the Company's Short Term Debt of Rs.100 Crore. As stated by CRISIL (in its letter), the instruments with this rating are considered to have a very strong degree of safety regarding timely payment of financial obligations and such instruments carry the lowest credit risk. A copy of the letter No. RL/BAJELEC/283694/STD/0122/24250 dated January 12, 2022, as received from CRISIL in this regard, is enclosed.

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

Peers