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WELSPUN INDIA LTD. - Credit Ratings
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02 Jul 2015
Welspun India Ltd has informed BSE that the Company&apos;s credit rating of &quot;CARE A+&quot; in respect of long term bank facilities has been revised to &quot;CARE AA-&quot;, by Credit Analysis &amp; Research Limited. Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk.&lt;BR&gt;&lt;BR&gt;Also, the Company&apos;s credit rating of &quot;CARE A1&quot; in respect of short term bank facilities has been revised to &quot;CARE A1+&quot;, by Credit Analysis &amp; Research Limited. Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such instruments carry low credit risk.
View all announcements for WELSPUN INDIA LTD. Source: BSE India