Rating Upgrade
please note that Acuité Ratings and
Research Limited (“Acuité”) has upgraded its short-term rating to ‘ACUITE A4+’ (read as
ACUITE A four plus) from ‘ACUITE A4’ (read as ACUITE A four) to Rs. 100 Crore of shortterm commercial papers of Sterling and Wilson Renewable Energy Limited (“the Company”).
Further, on the request of the Company, Acuité has withdrawn the short-term rating on Rs. 200
Crore commercial papers of the Company. The Company does not have any outstanding
commercial paper as at date
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