Torrent Pharmaceuticals receives revision in credit ratings

From ICRA

Torrent Pharmaceuticals has received revision in credit ratings from ICRA as under -

Non-Convertible Debentures - ICRA AA, Stable (revised from ICRA AA, placed on rating watch with negative implications)
Commercial Papers - ICRA A1+(revised from ICRA A1+, placed on rating watch with negative implications)
Banking facility - ICRA AA, Stable (revised from ICRA AA, placed on rating watch with negative implications)

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