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14 Mar 2017 | |
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we inform that ICRA has reaffirmed the following credit ratings of the Company for the year 2017-18: (i) Long-term rating of [ICRA]AAA (pronounced ICRA triple A) to Rs.200 Cr. fund based line of credit and the additional fund based limit (term Loan) of Rs. 100 Cr. (ii) Short-term rating of [ICRA]A1+ (pronounced ICRA A one plus) to Rs.2700 Cr. non-fund based line of credit. (iii) Short-term rating of [ICRA]A1+ (pronounced ICRA A one plus) to Rs.5 Cr. Commercial Papers (CP). The outlook on the long-term rating is 'stable'. 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) & (iii) are valid till 28 Feb 2018. | |
View all announcements for BHARAT ELECTRONICS LTD. | Source: BSE India |