Godrej Properties Limited
Regd. Office: Godrej One, 5th Floor, Pirojshanagar, Eastern Express Highway,
Vikhroli (E), Mumbai - 400 079. India Tel.: + 91-22-6169 8500
Fax: + 91-22-6169 8888
Website: www.godrejproperties.com
CIN: L74120MH1985PLC035308
September 14, 2022
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai - 400 001
The National Stock Exchange of India Limited
Exchange Plaza,
Plot No. C/1, G Block,
Bandra Kurla Complex,
Bandra (East)
Mumbai - 400 051
Ref: Godrej Properties Limited
BSE - Script Code: 533150, Scrip ID - GODREJPROP
BSE - Security Code - 959822 - Debt Segment
NSE - GODREJPROP
Sub: Announcement under Regulation 30 and 51(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Credit Rating
Dear Sir/Madam,
Further to our intimation dated July 29, 2022 and pursuant to Regulation 30 and 51(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please note that ICRA Limited, rating agency vide their letters dated September 14, 2022, has reaffirmed/assigned the credit ratings for the enhanced limit for following instruments of the Company:
Instrument | Amount | Ratings | Rating Actions |
(Rs. in crore) | |||
Long/Short Term - | 4,500 | [ICRA]AA+(Stable) | Reaffirmed/assigned the |
Fund-based/Non fund based | (long-term rating) | ratings for the enhanced | |
[ICRA]A1+ | limit of Rs. 4,500 crore | ||
from Rs. 2,500 crore | |||
(short-term rating) | |||
Non-Convertible | 1,000 | [ICRA]AA+ (Stable) | Reaffirmed |
Debenture Program | |||
Commercial Paper | 1,500 | [ICRA]A1+ | Reaffirmed |
Kindly take the above on record.
Thank you.
Yours truly,
For Godrej Properties Limited
Ashish Karyekar
Company Secretary & Compliance Officer
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Godrej Properties Ltd. published this content on 14 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 September 2022 17:59:02 UTC.