Olectra Greentech receives upgrade in credit ratings from ICRA

Olectra Greentech has received upgradation in credit ratings from ICRA as under:

Long Term Cash Credit (Rs 60 crore)- ICRA A-; Stable
Long Term/ Short Term Non-fund Based (Rs 265 crore)- ICRA A-; Stable/ ICRA A2+; Stable
Short Term Non-fund Based, Derivative Limits (Rs 5 crore) - ICRA A2+
Short Term Non-Fund Based, Letter of Credit (Rs 170 crore) - ICRA A2+

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