Tata Coffee receives affirmation in short term ratings

From ICRA

Tata Coffee announced that ICRA has reaffirmed the short term rating and placed long term rating under watch with positive implication as under:

Fund based bank facilities (Rs 150 crore) - ICRA AA+; Stable (long term rating placed under watch with positive implications and short term rating reaffirmed)

Commercial paper (Rs 30 crore) - ICRA A1+ (rating reaffirmed)

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