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Jamna Auto Industries receives revision in credit ratings

Capital Market 

From ICRA

Jamna Auto Industries announced that ICRA has reviewed the credit rating assigned to the Company and vide its letter dated March 23, 2020 reaffirmed the long-term rating at [ICRA]AA- (pronounced ICRA double A minus) and the short-term rating at [ICRA]A1+ (pronounced ICRA A one plus). Credit rating assigned to commercial paper is reaffirmed at [ICRA]A1+ (pronounced as ICRA A one plus). Outlook on the long-term rating is Negative.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, March 26 2020. 16:16 IST
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