POLICY FOR APPEAL BY ISSUERS




Policy for Appeal by issuers/borrowers

Infomerics has the External Rating Committee (ERC) comprising independent eminent professional members. Rating Committee considers all the proposals for rating and grading coming through the Rating Team which includes senior employees of the company engaged in rating function, except proposals for rating decided by the Internal Rating Committee (IRC) as per the policy of the company. Once the rating/grading is assigned by the ERC/IRC, the same is communicated to the client. Client has the right to appeal against such rating/grading or to approach for re-rating by placing new facts and figures, if any. Once the request for review/re-rating is received, all the new facts are analysed by the Analysts & the Rating Team. Thereafter, the same is placed before the ERC if the initial rating decision is taken by IRC. In case the initial rating decision is taken by ERC, then the request for review shall be placed before the Review Committee. The decision of the ERC or Review Committee, as the case may be, on the review/re-rating is communicated to the client immediately.