ADANI ENTERPRISES LTD : LONG-TERM RATING UPGRADED TO AA STABLE BY CARE RATINGS

• Long-term rating upgraded to AA Stable from AA-; highest-ever rating for the company. • Short-term rating reaffirmed at A1+. • Facilities/Instruments: Long-term / Short-term bank facilities upgraded to CARE AA; Stable / CARE A1+. • Facilities/Instruments: Long-term bank facilities upgraded to CARE AA; Stable. • Facilities/Instruments: Short-term bank facilities reaffirmed at CARE A1+. • Non-convertible debentures upgraded to CARE AA; Stable. • Commercial Paper reaffirmed at CARE A1+.

Adani Enterprises Ltd

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