From India Ratings and Research
IRB Infrastructure Developers announced the India Ratings and Research has revised the company's outlook from Negative to Positive while affirming its Long-Term Issuer Rating at 'IND A+'. The instrument-wise rating actions are as follows:
Non fund based bank facilities (Rs 1200 crore) - IND A+/ Positive / IND A1+
Non convertible debenture (Rs 400 crore) - IND A+/ Positive
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