Adani Enterprise receives ratings action from ICRA

Adani Enterprise has received rating action from ICRA as under:

Instrument	Amount (Rs crore)	Rating	Rating action
Non Convertible Debentures	3,000	[ICRA]AA- (Stable)	Assigned
Commercial Paper	2,000	[ICRA]A1+	Assigned
Long Term - Fund Based - Term loan	1,367	[ICRA]AA- (Stable)	Assigned
Long Term/Short Term - Fund Based/Non Fund Based - Working capital and bank facilities	14,893	[ICRA]AA- (Stable)/ [ICRA]A1+	Assigned
Short Term - Non Fund Based - Loan equivalent risk for hedging limit	240	[ICRA]A1+	Assigned