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S08HA

PASSI OI_, AT WOR IC

August 23. 20 1 7 To

The Deputy Manager

Department of Corporate Services, BSE Limited

Floor 25, P.J Towers,

Dalal Street, Mumbai -400 00 I Scrip Code: 532784

The Manager

National Stock Exchange of I nd ia Limited Exchange Plaza, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra East,

M umbai -400 051 Scrip Code: SOBHA

Dear Sir I Madam,

Su b:Revision in the long term Credit Rating

With reference to the above captioned su bject, we are pleased to inform you that, a er considering the latest developments in the Company, ICRA Limited has revised the long term Credit Rating and upgraded the long term Credit Rating for Non - Convertib le Debentu res (NCDs) issued by the Company and Line of Credit of the Company from [ICRA]A(Sta ble) to [ICRAl A + (Stable).

It may be noted that [nstruments with "[ICRA] A +" rating ind icate adequate degree of safety regarding timely servicing of financial obligations and carry low cred it risk.

We request you to take the aforesaid i nformation on record i n Compl iance of Regulation 83, 84 and 85 of SEBI (Listing Obligations and Disclosure Requi rements) Regulations, 20 15.

Thanking You. Yours sincerely,

FOR SOBHA LIMITED

VIGHNESHW AR G BHAT

COMPANY SECRETARY AND COMPLIANCE OFFICER

SOBHA LIMITED

REGO & CORPORATE OFFICE : 'SOBHA', SAfJAPUR - MARATHAI !Al.LI OUTER RING ROAD. BELLANOUR POST, BANGALORE· 56010J. INDIA CIN·L4S201KA l99SPLCOl8·175 ITEL: +9 1-80-'19320000 IFAX >9180 93204411 www.sobh3 .c

Sobha Limited published this content on 23 August 2017 and is solely responsible for the information contained herein.
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Original documenthttp://www.sobha.com/pdfs/slc-redit-ratingIntimation-230817.pdf

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