Bank Facilities
CARE has reaffirmed the Ratings to the bank facilities of the Company as follows:
| FACILITIES | RATINGS | REMARKS |
|---|---|---|
| Long Term Bank Facilities | CARE AAA(Triple A) | Reaffirmed |
| Short Term Bank Facilities | CARE A1+(A One Plus) | Reaffirmed |
| Commercial Paper | CARE A1+(A One Plus) | Reaffirmed |
Corporate Governance Rating
CareEdge Advisory Research and Training(CART)has assigned the following grading to Havells India Limited:
| TYPE OF GRADING | GRADING |
|---|---|
| Corporate Governance | CareEdge CG 2+ |