Shree Ajit Pulp and Paper Ltd announced, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that ICRA has affirmed its long-term rating of [ICRA] BBB+ (pronounced ICRA BBB plus) and its short-term rating of [ICRA] A2 (pronounced ICRA A two), with no changes from previous credit ratings; there were no enhancements, assignments, or withdrawals related to either the [ICRA] BBB+ or the [ICRA] A2 ratings.