From ICRAJamna 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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