Kirloskar Pneumatic Company receives reaffirmation in credit ratings from CRISIL

Kirloskar Pneumatic Company has received reaffirmation in credit ratings from CRISIL as under -

Long term rating - CRISIL AA-/Stable
Short term rating - CRISIL A1+
Proposal of Commercial paper - CRISIL A1+

CRISIL has withdrawn credit rating of 'CRISIL AA-/ Stable' assigned to Non-convertible debentures since the instrument has not been placed by the Company.

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