JK Tyre & Industries receives revision in credit ratings from CARE

JK Tyre & Industries has received revision in credit ratings from CARE as under -

Long term bank facilities - CARE A-; Negative (revised from CARE A; Negative)

Short term bank facilities - CARE A2+ (revised from CARE A1)

Long term / short term bank facilities - CARE A-; Negative / CARE A2+ (revised from CARE A; Negative / CARE A1)

Fixed deposit - CARE A- (FD); Negative / CARE A2+(FD) (revised from CARE A(FD); Negative / CARE A1(FD))

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