Bombay Dyeing & Manufacturing Company receives reaffirmation in credit rating

Bombay Dyeing & Manufacturing Company has received reaffirmation in credit ratings and revision in outlook on long term bank facilities and fixed deposit of the company to 'Positive' from 'Stable' as under:

Total bank loan facilities rated - Rs 501 crore

Long term rating - CRISIL BBB+/ Positive (outlook revised from 'Stable', rating reaffirmed)

Short term rating - CRISIL A2+ (reaffirmed)

Rs 0.3 crore fixed deposits - CRISIL BBB+/ Positive (outlook revised from 'Stable', rating reaffirmed)

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