Genus Power Infrastructure gets revision in credit ratings

From India Ratings and Research

Genus Power Infrastructure announced that India Ratings and Research the company's long term issuer rating to IND A+ from IND A. The outlook is Stable.

Instrument wise ratings is as follows -

Fund based (Rs 200 crore) - IND A+/ Stable/ IND A1 (long term rating upgraded ; short term rating affirmed)

Non fund based (Rs 637 crore) - IND A+/Stable/ IND A1 (long term rating upgraded; short term rating affirmed)

Commercial paper (Rs 100 crore) - IND A1 (affirmed)

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