Eveready Industries India announced that India Ratings and Research has upgraded the Company's Long Term Credit Ratings to 'IND A-' from 'IND BBB+'. The Outlook is Stable.
The instrument-wise rating actions are as follows: Term Loan : Upgraded to 'IND A-/Stable' from 'IND BBB+/Stable'; Fund-based Limits : Upgraded to 'IND A-/Stable/ IND A1' from 'IND BBB+/ Stable/ IND A2+' Non-fund based Limits : Upgraded to 'IND A-/Stable/ IND A1' from 'IND BBB+/Stable/ IND A2+'.
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