JK Tyre & Industries receives revision in credit ratings from India Ratings

JK Tyre & Industries announced that India Ratings & Research has revised the following ratings to various facilities of the Company :-

Long term loan - IND A-/Negative (Revised from IND A/ Negative)
Proposed long term loan - Provisional IND A-/ Negative (Assigned)
Fund based and non fund based limits - IND A-/Negative/ IND A2+ (Revised from IND A/Negative/ IND A1)
Proposed fund based and non fund based limits - Provisional IND A-/ Negative / Provisional IND A2+ (Assigned)
Term deposit - IND tA/ Negative (Revised from IND tA+/ Negative)

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