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Jindal Steel & Power receives revision in credit ratings from ICRA

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Jindal Steel & Power announced that ICRA has removed its Rating Watch with Negative Implications on the Bank Facilities and Non-Convertible Debentures ("NCDs") of Jindal Steel and Power ("JSPL" or " the Company") and assigned a "Stable" outlook.

The ratings have been reaffirmed at [ICRA] BBB (-) with Stable outlook for long term facilities and Non-Convertible Debentures and [ICRA] A3 for short term facilities.

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

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First Published: Thu, September 24 2020. 11:18 IST