From ICRA
Godrej Industries has received ratings action from ICRA as under:
Instrument Amount (Rs crore) Rating NCD7000
ICRA AA+; Stable (upgraded)
Commercial paper3500
ICRA A1+ (reaffirmed)
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90
ICRA AA+; Stable (upgraded)
Long term - term loan226.32
ICRA AA+; Stable (upgraded)
Short term non fund based facilities126
ICRA A1+ (reaffirmed)
Long / short term unallocated
1697.68
ICRA AA+; Stable (upgraded)/ ICRA A1+ (reaffirmed)
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