9.25%. If the rating of the issuer or debentures is downgraded by any rating agency, the coupon rate will be increased by 0.25% for every notch of downgrade in the rating and by 0.5% for every notch if downgraded below A-. If the rating of the issuer or debentures is upgraded by any rating agency, the coupon rate will be decreased by 0.25% or 0.5% for each notch of upgrade in the rating respectively until the initial rating is restored

Bahadur Chand Investments Private Limited

Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk.

Credit rating

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