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Torrent Pharmaceuticals receives reaffirmation in credit ratings

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Capital Market
Last Updated : Apr 23 2020 | 9:31 AM IST

From India Ratings and Research

Torrent Pharmaceuticals has received affirmation in long term issuer ratings at IND AA. The outlook is Stable. The instrument-wise ratings action as follows -

Term loan - IND AA/ Stable (Affirmed)
Non convertible debentures - IND AA/ Stable (Affirmed)
NCDs - IND AA/Stable
Proposed NCDs - Provisional IND AA/ Stable (Assgined)
NCDs - IND AA/ Stable (Assigned)

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First Published: Apr 23 2020 | 9:10 AM IST

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