Jain Irrigation Systems gets revision in credit ratings

From CARE

Jain Irrigation Systems announced that CARE has revised the credit ratings of the Company as follows -

Long term bank facilities (term loan Rs 537.67 crore) - CARE A- ; Stable (Revised from CARE BBB+; Stable)

Long term bank facilities (fund based Rs 1550 crore) - CARE A- ; Stable (Revised from CARE BBB+; Stable)

Short term bank facilities (non fund based Rs 1735 crore) - CARE A2 (Revised from CARE A3+)

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