Vodafone Idea gets revision in credit ratings from CRISIL

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After Merger With Vodafone Group, Idea Cellular Becomes ‘Vodafone Idea Limited’

Vodafone Idea introduced that CRISIL has downgraded its ranking on Non-Convertible Debentures of Rs. 6,000 crore and has re-affirmed its ranking on CP Programme of Rs. 2,000 crore of erstwhile Vodafone Mobile Services (VMSL), which has since been migrated to Vodafone Idea (the Company) pursuant to amalgamation of VMSL with the Company.

The revised credit ranking is as beneath:

Non Convertible Debentures – CRISIL A+/ Negative (Revised from CRISIL AA-/ Negative)

Commercial Paper – CRISIL A1+ (Reaffirmed)

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