Cox & Kings announced that CARE has revised the credit ratings of the company as under -
Commercial paper - CARE A1+ (Reaffirmed)
Commercial paper (carved out) - CARE A1+ (Reaffirmed)
Non convertible debenture issue - CARE AA-; Stable (Revised from CARE AA; Stable)
Long term bank facilities - CARE AA-; Stable (Revised from CARE AA; Stable)
Issuer ratings - CARE AA - (Is); Stable (Revised from CARE AA (Is); Stable)
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