Business Standard

Eros International Media provides update on ratings for NCDs

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Capital Market

From ICRA and CARE

Eros International Media announced that on Company's request, ICRA (ICRA) has withdrawn the ICRA A+ rating assigned to the Non Convertible Debentures (for Rs. 750 crore) of the Company. The Company had voluntarily requested for such withdrawal since the Company has not raised funds against the rated instrument.

The rating by Credit Analysis and Research (CARE) CARE A+ assigned to Non Convertible Debentures (for Rs. 400 crore) remains unchanged.

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First Published: Jan 07 2017 | 11:55 AM IST

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