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Gujarat Gas receives upgrade in long term issuer rating

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Capital Market
Last Updated : Apr 30 2020 | 8:50 PM IST

From India Ratings and Research

Gujarat Gas announced that India Ratings and Research has upgraded the company's Long-term Issuer Rating to 'IND AA+' from 'IND AA'. The Outlook is Stable. The instrument-wise rating actions are as follows:

Bank loans - IND AA+/Stable/ IND A1+ (Long term rating upgraded; short term rating affirmed)

Commercial paper - IND A1+ (Affirmed)

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First Published: Apr 30 2020 | 8:16 PM IST

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