Macrotech Developers receives revision in credit ratings

Macrotech Developers has received revision in credit ratings from India Ratings and Research as under:

Bank loans - IND BBB+/Stable (revised from IND BBB-/ Stable)
Non-convertible debentures - IND BBB+/Stable (revised from IND BBB-/ Stable)
Fund based limits - IND BBB+/ Stable / IND A2
Non fund based limits - IND A2

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