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
CARE Analytics and Advisory Private Limited (CAAPL) has assigned the following grading to Havells India Limited:
| TYPE OF GRADING | GRADING |
|---|---|
| Corporate Governance | ‘CG 2+’ (CG Two Plus) |