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Update on Credit Rating

| Updated on November 09, 2016 Published on November 09, 2016

With reference to the earlier letter dated June 21, 2016, Balrampur Chini Mills Ltd has now informed BSE that ICRA Limited – the Credit Rating Agency has vide its letter dated November 08, 2016 has revised upwards the Long Term Rating from “[ICRA] A+” (pronounced ICRA A plus) to “[ICRA]AA-” (pronounced ICRA double A minus). Further the outlook on the Long Term Rating has been revised to “Stable”. The short term rating has been reaffirmed at “[ICRA] A1+” (pronounced ICRA A one plus).

Pdf Link: >Update on Credit Rating

Source : BSE - >www.bseindia.com

Published on November 09, 2016
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