Crisil'S Revised List Of Company Ratings

The non-convertible debentures issue of German Remedies for Rs 200 million and Rs 48.7 million were given AA-rating after an upgradation from `A' rating.

The Rs 500 million NCD of the Gujarat Industrial Investment Corporation was given a rating of A+, while the 120 million NCD issue of Jyoti Structures Ltd managed AA- rating, up from A +.

The 138.80 million NCD of Mahindra Ugine Steel Company got an A rating up from BBB+. The fixed deposit was upgraded to FA+ from FA.

The fixed deposit scheme of Shivaji Works Limited and Rs 50 million NCD scheme was downgraded from FA to FB while the Rs 50 million NCD scheme was downgraded from BBB+ to BB. Both have been kept on rating watch.

 

The NCD scheme of Shristi Videocorp Ltd was downgraded to BB from A.