INDO COUNT INDUSTRIES LTD. - Announcement under Regulation 30 (LODR)-Credit Rating
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| 10 Jan 2022 | |
| Sub: Upgradation of credit rating to [ICRA]AA- (Stable) for long term credit facilities and Reaffirmation of Credit Rating of 'ICRA A1+ for short term credit facilities by ICRA Ratings We wish to intimate that, ICRA Ratings ('Rating Agency') vide its intimation / press release dated January 10, 2022 has upgraded credit rating for the Company's long term bank facilities and reaffirmed credit rating for the short term bank facilities as under: a) For Long term bank facilities - 'ICRA AA-' (AA minus)with 'Stable' outlook - upgraded from 'ICRA A+" (A plus) with outlook 'Positive'. The said credit rating signifies high degree of safety regarding timely servicing of financial obligations. Such facilities carry low credit risk. b) For the Short term bank facilities - 'ICRA A1+ (A one plus)' reaffirmed. The said credit rating signifies very strong degree of safety regarding timely payment of financial obligations. Such facilities carry lowest credit risk. | |
| View all announcements for INDO COUNT INDUSTRIES LTD. | Source: BSE India |
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