Arvind receives reaffirmation in credit ratings from CARE

Arvind has received reaffirmation in credit ratings from CARE for various debt instruments as under:

Long term bank facilities (Rs 1242.15 crore) - CARE AA-; Negative
Long/ short term bank facilities (Rs 1368 crore) - CARE AA-; Negative/ CARE A1+
Short term bank facilities (Rs 811.01 crore) - CARE A1+
Outstanding NCDs (Rs 225 crore) - CARE AA-; Negative
Proposed NCDs (Rs 125 crore) - CARE AA-; Negative

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