Wheels India receives revision in credit ratings from ICRA

Wheels India has received revision in credit rating from ICRA as under -

Commercial paper - ICRA A1 (downgraded from ICRA A1+)
Medium term - fixed deposit - MA+; Negative (reaffirmed)
Term loan - ICRA A+; Negative (reaffirmed)
Short term - ICRA A1 (downgraded from ICRA A1+)

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