Adani Enterprises has received reaffirmation in credit ratings from CARE Ratings as under:

Non convertible debentures (Rs 3000 crore) - CARE AA-; Stable (assigned)

Non convertible debentures (Rs 1000 crore) - CARE AA-; Stable (reaffirmed)

Non convertible debentures (Rs 2000 crore) - CARE AA-; Stable (reaffirmed)

Commercial paper (Rs 2000 crore) - CARE A1+ (reaffirmed)

Long term bank facilities (Rs 2500 crore) - CARE AA-; Stable (reaffirmed)

Long term / short term bank facilities (Rs 15,505 crore) - CARE AA-; Stable / CARE A1+ (reaffirmed)

Short term bank facilities (Rs 240 crore) - CARE A1+ (reaffirmed)