Eveready Industries India receives upgrade in LT credit ratings

From India Ratings and Research

Eveready Industries India announced that India Ratings and Research has upgraded the Company's Long Term Credit Ratings to 'IND BBB-' from 'IND BB+'. The Outlook remains Positive.

The instrument-wise rating actions are as follows:

Term Loan - IND BBB-/Positive
Fund-based Limits Long Term/Short Term - IND BBB-/ Positive /IND A3
Non-fund based Limits Long Term/Short Term - IND BBB-/ Positive /IND A3

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