CREDIT RATINGS Company Instrument Rating Rating Instrument Category Outlook Details Long Term CRISIL AA Vardhman Textiles Ltd. Fixed Deposit FAA+ Short Term CRISIL A1+ Company Instrument Rating Rating Instrument Category Outlook Details Long Term CRISIL AA- Vardhman Acrylics Ltd. Short Term CRISIL A1+ Company Instrument Rating Rating Instrument Category Outlook Details Long Term CRISIL AA Vardhman Yarns & Threads Limited Short Term CRISIL A1+ Company Instrument Rating Rating Instrument Category Outlook Details Long Term CRISIL AA- VMT Spinning Company Limited Short Term CRISIL A1+ Company Instrument Rating Rating Instrument Category Outlook Details Long Term CRISIL AA- Vardhman Special Steels Limited Short Term CRISIL A1+ Company Instrument Rating Rating Instrument Category Outlook Details Vardhman Nisshinbo Long Term CRISIL A+ Garments Company Short Term CRISIL A1 Limited
Company Instrument Category Rating Rating Outlook Instrument Details Vardhman Textiles Ltd. Long Term CRISIL AA Fixed Deposit FAA+ Short Term CRISIL A1+ CREDIT RATINGS Company Instrument Category Rating Rating Outlook Instrument Details Vardhman Acrylics Ltd. Long Term CRISIL AA- Short Term CRISIL A1+ Company Instrument Category Rating Rating Outlook Instrument Details Vardhman Yarns & Threads Limited Long Term CRISIL AA Short Term CRISIL A1+ Company Instrument Category Rating Rating Outlook Instrument Details VMT Spinning Company Limited Long Term CRISIL AA- Short Term CRISIL A1+ Company Instrument Category Rating Rating Outlook Instrument Details Vardhman Special Steels Limited Long Term CRISIL AA- Short Term CRISIL A1+ Company Instrument Category Rating Rating Outlook Instrument Details Vardhman Nisshinbo Garments Company Limited Long Term CRISIL A+ Short Term CRISIL A1
464dca68a9162d26c0378dfa610a0128450be3b81436449197.docx