From India Ratings and Research
Mindtree announced that India Ratings and Research (Ind-Ra) has upgraded Mindtree's Long-Term Issuer Rating to 'IND AA+; Positive' from 'IND AA', while resolving the Rating Watch Evolving (RWE).The details of credit rating as per the India Ratings and Research (Ind-Ra) are as follows:
Fund-based limits (Short Term Rs 5,600) - IND A1+
Non-fund-based limits (Short Term Rs 450*) - IND A1+
* sub limit of fund based limits.
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