Shoppers Stop has received revision in credit ratings from CARE Ratings as under -
Long term bank facilities (term loan Rs 220 crore) - CARE A+; Negative (revised from CARE AA-; Stable)
Long Term Bank Facilities (fund Based Rs 149 crore) - CARE A+; Negative (revised from CARE AA-; Stable)
Short Term Bank Facilities (non fund based Rs 38 crore) - CARE A1 (revised from CARE A1+)
Proposed Non Convertible Debentures (Rs 100 crore) - CARE A+; Negative (revised from CARE AA-; Stable)
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