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Credit Rating

| Updated on December 07, 2015 Published on December 07, 2015

Eros International Media Ltd has informed BSE that ICRA Limited has revised the Credit Rating for Rs. 750 crore for Non-Convertible Debentures (NCD) of the Company to [ICRA] A+ (negative outlook) from [ICRA] AA- (stable outlook).

Rating Definition - Such instruments with [ICRA] A ratings are considered to have adequate degree of safety regarding timely servicing of financial obligations and carry low credit risk. Within this category, modifier " + " reflects comparative standing within the category.

Further, the Company has not issued any Non Convertible Debentures (NCD) till date.

Source : BSE - >www.bseindia.com

Published on December 07, 2015
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