Triveni Engineering & Industries gets upgradation in credit ratings

From ICRA

Triveni Engineering & Industries announced that ICRA has upgraded the credit ratings for bank facilities and commercial paper/ short term debt programme of the Company.

Fund based limits (Rs 1425 crore) - ICRA A+ (upgraded from ICRA A)
Term loans (Rs 292.76 crore) - ICRA A+ (upgraded from ICRA A)
Non fund based limits (Rs 358.34 crore) - ICRA A1+ (upgraded from ICRA A)
Commercial Paper / Short term debt programme (Rs 25 crore) - ICRA A1+ (upgraded from ICRA A1)

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