In case completion of certain critical steps/documentation is pending at the time of rating assignment, CRISIL will assign provisional RATINGS to such instruments which will be characterised by a prefix 'Provisional' to the rating symbol. To elaborate, a prefix of 'Provisional' to a CRISIL-assigned rating indicates that the rating centrally factors in the completion of certain critical steps/documentation by the issuer for the instrument; WITHOUT this, the rating would either have been different or not assigned. The provisional nature of such ratings will be disclosed by CRISIL in its communications, including rating letter and rating rationale. Once the relevant steps/documents (as PER EXPECTATIONS when the provisional ratings were assigned) are in place, the provisional ratings will be converted into final ratings. Please refer to CRISIL's release - "Policy on provisional ratings" for further DETA

In case completion of certain critical steps/documentation is pending at the time of rating assignment, CRISIL will assign provisional ratings to such instruments which will be characterised by a prefix 'Provisional' to the rating symbol. To elaborate, a prefix of 'Provisional' to a CRISIL-assigned rating indicates that the rating centrally factors in the completion of certain critical steps/documentation by the issuer for the instrument; without this, the rating would either have been different or not assigned. The provisional nature of such ratings will be disclosed by CRISIL in its communications, including rating letter and rating rationale. Once the relevant steps/documents (as per expectations when the provisional ratings were assigned) are in place, the provisional ratings will be converted into final ratings. Please refer to CRISIL's release - "Policy on provisional ratings" for further deta