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KDDL gets upgradation in credit ratings for bank facilities and FD programme

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Capital Market

From CRISIL

KDDL announced that CRISIL has upgraded the Company's ratings with effect from 15 December 2015.

Total Bank Facilities Rated Rs 59 crore

Long Term Rating - CRISIL BBB/ Stable (Upgraded from CRISIL BBB-/ Stable)
Short Term Rating - CRISIL A3+ (Upgraded from CRISIL A3)

The rating on Fixed Deposit Programme has been reaffirmed at FA-/ Stable.

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First Published: Dec 16 2015 | 6:44 PM IST

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