Coromandel International receives ratings action from CRISIL

Coromandel International has received revision in credit ratings from CRISIL as under:

Total bank loan facilities rated - Rs 9500 crore
Long term rating - CRISIL AAA/Stable (Upgraded from 'CRISIL AA+/Positive' and outlook revised to 'Stable')
Short term rating - CRISIL A1+ (Reaffirmed)
Rs 200 crore commercial paper - CRISIL A1+ (Reaffirmed)

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