Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Inox Wind has informed that CRISIL has upgraded its ratings from Crisil BBB+ to Crisil A- (long term rating), Crisil A2 to Crisil A2+ (short term ratings) with stable outlook in relation to ratings of its banking facilities. CRISIL has confirmed the following for the Company: ‘CRISIL A-/Stable’ rating for Company’s Long Term Bank Facilities and ‘CRISIL A2+’ rating for Company’s Short Term Bank Facilities. The company is now the only domestic wind turbine manufacturing company rated under ‘A’ category.
The above information is a part of company’s filings submitted to BSE.
