Triveni Engineering and Industries gets revision in credit ratings

From ICRA

Triveni Engineering and Industries announced that ICRA has upgraded/reaffirmed the ratings for bank facilities and commercial paper programme as under -

Fund based limit (Rs 1425 crore) - ICRA AA-;Stable (upgraded from ICRA A+; Stable)

Term loans (Rs 292.76 crore) - ICRA AA-; Stable (upgraded from ICRA A+; Stable)

Non Fund based limits (Rs 358.34 crore) - ICRA A1+ (reaffirmed)

Commercial paper (Rs 100 crore) - ICRA A1+ (reaffirmed)

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