Subex receives ratings action from India Ratings

Subex announced that India Ratings and Research (Ind-Ra) has affirmed the Long-Term Issuer Rating of Subex (the 'Company') and Subex Assurance LLP, material wholly owned subsidiary of the Company at 'IND A-' with a Positive Outlook and simultaneously withdrawn it.

Further, CRISIL has assigned CCR A-/Stable Corporate Credit Rating to the Company as well as to its material wholly owned subsidiary, Subex Assurance LLP.

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