Dhunseri Petrochem and Tea Limited - Credit Rating
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| 08 Oct 2014 | |
| Dhunseri Petrochem and Tea Ltd has informed BSE that Credit Analysis and Research Ltd, has reviewed and assigned the Credit Rating of CARE A (Single A) to long term bank facilities (Term Loan) of the Company and CARE A (Single A) / CARE A1 (A One) to Long Term/Short term Bank facilities (Fund Based) of the Company. CARE has also reviewed and assigned the Credit rating of CARE A1 (A One) to short term Bank facilities (Non-Fund Based).<br/><br/>Further, CARE has withdrawn the ratings assigned to the long term bank facilities (Fund Based) amounting to Rs. 65.00 Crs. of Tea Division of erstwhile Dhunseri Petrochem and Tea Limited (DPTL) rated by them with immediate effect since the said bank facilities is transferred to Dhunseri Tea and Industries Ltd. (DTIL) due to demerger of Tea Division into DTIL.<br/><br/>At the same time CARE has reviewed and assigned the Credit rating of CARE A1 (A One) to the Short Term Debt (STD)programme (including Commercial Paper) of the Company of Rs. 100 Crs. for a maturity not exceeding one year. | |
| View all announcements for Dhunseri Petrochem and Tea Limited | Source: BSE India |
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