Surya Roshni receives reaffirmation in credit rating for CP program

Surya Roshni announced that ICRA Ratings has reaffirmed Credit Rating to ICRA A1+(CE) for Rs. 200 crore SBLC backed Commercial Paper Program of Surya Roshni (on the credit enhancement by its bankers). The rating factored in the payment mechanism designed to ensure payment of the rated CPs as per the terms of the transaction.

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