LRA has assigned the long and short-term corporate credit ratings of A- and P2 to be assigned to Softlogic Holdings .Concurrently, LRA also assigned an initial issue rating of A- to the Company’s existing Rs 1 billion Rated, Unsecured, Redeemable Debenture (2013/2016).

All long-term ratings carry a stable outlook. Softlogic is a diversified conglomerate with interests in healthcare, information and communication technology (“ICT”), retail, financial services, automobile and leisure. The company and its subsidiaries are collectively referred to as the Group.

The ratings are upheld by the Group’s well diversified business interests, as the Group has diversified into the retail, ICT, leisure, healthcare, financial services and automobile industries.