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Godrej Industries receives upgrade in long term credit ratings

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Last Updated : Oct 23 2024 | 7:31 PM IST

From ICRA

Godrej Industries has received ratings action from ICRA as under:

Instrument Amount (Rs crore) Rating NCD

7000

ICRA AA+; Stable (upgraded)

Commercial paper

3500

ICRA A1+ (reaffirmed)

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Long term fund based facilities - CC

90

ICRA AA+; Stable (upgraded)

Long term - term loan

226.32

ICRA AA+; Stable (upgraded)

Short term non fund based facilities

126

ICRA A1+ (reaffirmed)

Long / short term unallocated

1697.68

ICRA AA+; Stable (upgraded)/ ICRA A1+ (reaffirmed)

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First Published: Oct 23 2024 | 7:19 PM IST

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