From India Ratings and ResearchDCW announced that India Ratings & Research, a Fitch Group Company have affirmed Ratings as follows by their letter of 17 October 2016.
1. Affirmed Long Term Issuer Rating at 'IND A-'.
2. The Rating Agency has also taken following rating actions on the Company's Bank facilities.
a. Term Loans : Affirmed at 'IND A-'/Negative
b. Fund Based Limits : Affirmed at 'IND A-'/Negative/'IND A1'
c. Non Fund based limits : Affirmed at 'IND A1'
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