Investor Presentaiton

5 Stable Business Model Reflected in Credit Ratings Rating agency Purpose (debt programme) Rating CRISIL Short term CRISIL A1+ A STANDARD & POOR'S COMPANY ARE Ratings Short term CARE A1+ Professional Risk Opinion ICRA Brickwork Short term [ICRA] A1+ Long term BWR AA+ ARE Ratings Long term CARE AA Professional Risk Opinion ICRA Long term [ICRA] AA * Credit Non Credit Insurance Balance Sheet 58

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