Tata Global Beverages Limited - Credit Rating

Tata Global Beverages Ltd has informed BSE that ICRA Ltd. has vide their letter dated October 01, 2015 reaffirmed ICRA A1+ (pronounced as ICRA A One Plus) assigned to the Company's Rs. 465 crores Commercial Paper / Short Term Debt Programme.<BR><BR>The rating is considered to have very strong degree of safety regarding timely payment of financial obligations and such instrument carry lowest credit risk.