Jubilant Life Sciences receives credit ratings from India Ratings and Research

Jubilant Life Sciences announced that India Ratings and Research has maintained Long-term issuer rating of 'IND AA'/Rating Watch Evolving (RWE) for Jubilant Life Sciences. The instrument-wise ratings are given below:

1 Fund-based Working Capital limits (Rs 475 crore) - INDAA/RWE/IND A1+/RWE

2 Non-fund-based Working Capital limits (Rs 772.50 crore) - IND A1+/RWE

3 Commercial Paper programme (Rs 400 crore) - Withdrawn (the Company did not proceed with the instrument as envisaged)

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