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Credit Ratings by

We are rated by India Rating and Research Private Limited (Ind-Ra).

We enjoy highest short term rating of A1+ (plus) for our Short Term borrowings and a AA-(minus) rating for our Long Term borrowings.

INSTRUMENT AMOUNT IN INR MN RATING RATIONALE LINKS
Long Term Borrowing INR 65,000 mn India Ratings AA(-)
Short Term Borrowing INR 8,500 mn India Ratings A1 +


Credit Ratings by

ICRA has assigned a rating of [ICRA]A1+ (pronounced ICRA A one plus) to the Rs. 500 Crore commercial paper programme of Altico Capital Limited (Altico).

INSTRUMENT AMOUNT IN INR MN RATING ACTION
Commercial Paper Programme INR 5,000 mn [ICRA]A1+; assigned


Credit Ratings by

The ratings assigned to bank facilities and instruments of Altico Capital India Limited (Altico) factor in its strong sponsors as well as operational, managerial and financial support from its strong sponsors.

INSTRUMENT AMOUNT IN INR MN RATING RATIONALE LINKS
Long-term bank facilities INR 20,000 mn CARE AA-; Stable [Double A Minus; Outlook: Stable]
Non-Convertible Debentures INR 20,000 mn CARE AA-; Stable [Double A Minus; Outlook: Stable]
Reaching New Heights and Setting New Standards