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Balrampur Chini Mills gets revision in credit ratings

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Capital Market
Last Updated : Nov 10 2016 | 12:02 AM IST

From ICRA

Balrampur Chini Mills announced that ICRA has vide its letter dated 08 November 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).

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First Published: Nov 09 2016 | 1:03 PM IST

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