ADITYA BIRLA REAL ESTATE : CREDIT RATING REAFFIRMED

• Non Convertible Debentures (NCDs) of ABREL for ₹500 crore and ₹250 crore have been reaffirmed with 'CARE AA; Positive' rating, with outlook revised from Stable. • Commercial Paper of ₹1,000 crore for ABREL has been reaffirmed with 'CARE A1+' rating. • Long term bank facilities of ₹295 crore for Birla Estates Private Limited have been reaffirmed with 'CARE AA; Positive' rating, with outlook revised from Stable. • Short term bank facilities of ₹10 crore for Birla Estates Private Limited have been reaffirmed with 'CARE A1+' rating.

Aditya Birla Real Estate Limited

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