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CREDIT RATING
Agency: Infomerics Valuation and Rating Ltd
Instrument: Proposed Non-Convertible Debentures
Rating: IVR BBB-/ RWNI (IVR Triple B Minus with Rating watch with Negative implications)
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Agency: Acuité Ratings & Research Limited
Instrument: Non-Convertible Debentures
Rating: ACUITE BB+ / Rating watch with Negative Implications
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