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BHARAT ELECTRONICS LTD. - Credit Rating
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25 Mar 2015
Bharat Electronics Ltd has informed BSE that ICRA has reaffirmed the following credit ratings of the Company for the year 2015-16&lt;BR&gt;&lt;BR&gt;1. Long-term rating of [ICRA]AAA (pronounced ICRA triple A) to Rs. 200cr fund based bank limits.&lt;BR&gt;&lt;BR&gt;2. 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;3. 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 &apos;stable&apos;. 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) &amp; (ii) are valid till February 28, 2016, and rating (iii) till March 12, 2016.
View all announcements for BHARAT ELECTRONICS LTD. Source: BSE India