Radiance Renewables Private Limited

Ratings reaffirmed; outlook revised to Positivefrom Stable;
Rated amount enhanced

Summary of rating action

Instrument*Previous Rated
Amount (Rs. crore)
Current Rated
Amount (Rs. crore)
Rating Action
Long term -
Fund based limits
150.00275.00[ICRA]A(Positive); reaffirmed and outlook revised
to Positive from Stable
Short term -
Non-fund based limits
150.00470.00[ICRA]A2+; reaffirmed
Short term/long term
unallocated limits
100.005.00[ICRA]A(Positive)/[ICRA]A2+; reaffirmed and
outlook revised to Positive from Stable
Total400.00750.00
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