In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Indian Renewable Energy Development Agency has informed that CARE Ratings reviewed the rating for Non-Convertible Debenture (NCD) issue and upgraded IREDA’s ratings on Bonds/NCDs of the company from CARE AA+; Positive (Double A Plus; Outlook: Positive) to CARE AAA; Stable (Triple A; Outlook: Stable).
The above information is a part of company’s filings submitted to BSE.