This is to inform you that Infomerics Valuation and Rating Pvt. Ltd. has reaffirmed the credit rating of "IVR AA - I Stable Outlook (IVR Double A Minus with Stable Outlook)" to the Long Term Bank Facilities of ?3.21 Crores (reduced from ?46.07 Crores) of the Company. Further, Infomerics Valuation and Rating Pvt. Ltd. has assigned the credit rating of "IVR A 1 +(IVR A One Plus)" to the Short Term Bank Facilities of ?30 Crores (Rupees Thirty Crores) of the Company.