From ICRA
Tata Global Beverages announced that ICRA has vide their letter dated 01 October 2015 reaffirmed ICRA A1+ (pronounced as ICRA A One Plus) assigned to the Company's Rs. 465 crore Commercial Paper / Short Term Debt Programme.The rating is considered to have very strong degree of safety regarding timely payment of financial obligations and such instrument carry lowest credit risk.
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