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S&P
BSE SENSEX
74,339.44
+486.50
+0.66 %
Corporate Announcement
Security Code
532454
Company
BHARTI AIRTEL LTD.
Exchange Received Time
09/11/2018 23:23:07
Exchange Disseminated Time
09/11/2018 23:23:12
Time Taken
00:00:05
Your Email Dt. November 09, 2018 W.R.T. Clarification To The Media Report Appearing On Www.Business-Standard.Com Titled 'Bharti Airtel Dips 5% As Moody''s Places Co''s Rating On Review For Downgrade' |
11/09/18 23:23
This has reference to your above mentioned e-mail. We wish to state that Moody's Investors Service has assigned Baa3 issuer ratings and senior unsecured ratings to Bharti Airtel Limited ('Airtel') and Baa3 rating to senior unsecured notes issued by Bharti Airtel International (Netherlands) B.V. ('BAIN'), which were guaranteed by Airtel.
Moody's Investors Service vide its press release published on November 08, 2018 has inter-alia stated that it has 'placed on review' for downgrade the Baa3 issuer and senior unsecured rating'. The said press release of Moody's Investors Service is enclosed for your ready reference.
The disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is required at the time of revision in the ratings. Since in the present scenario there is no change in ratings, the same does not warrant any disclosure under Regulation 30.
Please take the above information on record.
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