JK Tyre & Industries gets revision in credit ratings

From CARE

JK Tyre & Industries announced that CARE has revised the credit ratings for various debt facilities of the company as under -

Long term bank facilities - CARE A; Negative (Revised from CARE A+; Negative)

Short term bank facilities - CARE A1 (Revised from CARE A1+)

Long term / short term bank facilities - CARE A; Negative / CARE A1 (Revised from CARE A+;Negative/ CARE A1+)

Fixed Deposits - CARE A (FD); Negative / CARE A1 (FD) (Revised from CARE A+(FD); Negative / CARE A1+ (FD))

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