Ratings CRISIL
‘nSuP Globalcompany
CONFIDENTIAL
HEHOFL/240251/NCD!300120203/1
March 04, 2020
Mr. Dhoop Mittal
Treasurer
Horo Housing Finance Limited
9, Community Centte Basaat Lok,
‘Vasant Vihar
NEW DELI! - 110053
Dear Mr. Dhoop Mittal,
Re: CRISIL. Rating on the Non Convertible Debentures Aggregating Rs 150 Crore of Hero Housing
Finance Limited
All ratings assigned by CRISIL are kept under continuoss surveillance and review.
Please refer to our rating letter dated January 30, 2020 bearing Ref no: HEHOFL/24025 /NCD/300120203,
Please find inthe table below the rating outstanding for your company.
S.No. | Instrument Rated Amount (Rs. im Crore) | Rating Outstanding
1 Now-Converible Debentures 130. —ERISIL AA+/Stable
In the event of your company not making the issue within a period of 180 days fram the above date, or in the
‘event of any change in the size or structure of your preposed issue, « fresh letter of revalidation from CRISIL.
will be necessary
‘As per our Rating Agreement, CRISIL would disseminate the rating along with outlook through its publications
and other media, and Keep the rating alonn with outlook under surveillance for the life of the instrament,
CCRISIL reserves the right to withdraw or revise the ratings assigned to the eaprioned instrument at any’ me, on
the basis of new information, oF unavailability of information or other circumstances, which CRISIL believes,
‘may have an impaet om the rating.
[AS per the latest SEBI circular (reference number: CIRMDIDF/I7/2013; dated October 22, 2013) on
centralized database for corporate hondsddchentures, you are required to provide Intemational securities
identification mumber (ISIN; along with the reference number and the date of the rating letter) of all
bondidebenture issuanees made against this rating lever to us. The citcular also requires you to share thi
{information vath us within 2 days after the allotment oF the ISIN. We request you to mal us all the necessary
and relevant information at debtssue@crsilcom. This will enable CRISIL to verily and confirm to the
depositories, inclading NSDL and CDSL, the ISIN detals of debt rated by us, as required by SEBI. Feel free to
contact us for any clarifications you may have at debissue(@crsil.com
Should you require any clarifiations, please fel fiee to get in touch with vs.
‘With warm regards,
Yours sincerely,
San int
Subba Sei Narayanan Nivedita Shibu
Dirwetor- CRISIL Ratings Associate Director - CRISIL. Ratings
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