Triveni Engineering and Industries gets revision in rating for bank facilities and ST debt programme

FRom ICRA

Triveni Engineering and Industries has received revision in credit ratings for bank facilities and commercial paper/ short term debt programme of the Company from ICRA.

Fund based limits (Rs 1258.50 crore) - Upgraded to ICRA A (Stable) from ICRA A- (Positive)

Term loans (Rs 334.90 crore) - Upgraded to ICRA A (Stable) from ICRA A- (Positive)

Non fund based limits (Rs 327.94 crore) - Upgraded to ICRA A1 from ICRA A2+

Commercial Paper / Short Term debt programme - Upgraded to ICRA A1 from ICRA A2+

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