i. NEEPCO services all payment for NCDs well in time and there has been no default;
Failure to create a charge on the assets
ii. Charges have been created for all Secured NCDs under Trust Deeds with the respective Trustees. A Trust Deed has also been signed for unsecured NCDs with the respective Trustee.
Revision of credit rating.
iii. The credit ratings of the respective NCDs are CRISIL AA+/Stable, ICRA AA+/Stable, IND AA+/Stable and CARE AA+/Positive
Rating Letters:
| S.No. | Description | Download |
|---|---|---|
| 1 | ICRA Ltd. |  |
| 2 | CARE Ratings Ltd. | |
| 3 | CRISIL Ltd. | |
| 4 | India Ratings & Research | |