Jamna Auto Industries announced that ICRA has revised the credit rating assigned to the Company for the Working Capital Facilities (including Commercial Paper) and Term Loan Facility. The long term credit rating has been revised from [ICRA]AA (pronounced ICRA double A) to [ICRA]AA- (pronounced ICRA double A minus). The short term rating has been re-affirmed as [ICRA]A1+ (pronounced ICRA A one plus). The Outlook on Long Term Rating has been re-affirmed as Stable.
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