From ICRA
Ashok Leyland announced that ICRA has upgraded the long-term rating for the various debt programmes and reaffirmed for short term rating, as follows:a) Assigned "[ICRA]AA-" from [ICRA]A+ for the Company's long-term debt programmes.
b) Reaffirmed "[ICRA]A1+" for the short-term debt facilities and Commercial Paper.
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