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BHARAT ELECTRONICS LTD. - Credit Ratings
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31 Mar 2016
Bharat Electronics Ltd has informed BSE that ICRA has reaffirmed the following credit ratings of the company for the year 2016-17:&lt;BR&gt;&lt;BR&gt;(i) Long-term rating of [ICRA]AAA (pronounced ICRA triple A) to Rs.200cr fund based bank limits.&lt;BR&gt;&lt;BR&gt;(ii) Short-term rating of [ICRA]A1+ (pronounced ICRA A one plus) to Rs.2700cr non-fund based bank limits.&lt;BR&gt;&lt;BR&gt;(iii) Short-term rating of [ICRA]A1+ (pronounced ICRA A one plus) to Rs.5cr short-term debt programme.&lt;BR&gt;&lt;BR&gt;The outlook on the long-term rating is &quot;stable&quot;. These ratings indicate the highest credit quality in the long- and short term. The instruments rated in these categories carry the lowest credit risk in the long- and short-term. These ratings (i), (ii) &amp; (iii) are valid till 28 Feb 2017.
View all announcements for BHARAT ELECTRONICS LTD. Source: BSE India

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