PTC India Financial Services receives revision in credit ratings

PTC India Financial Services has received revision in credit ratings from ICRA as under:

1 Non-Convertible Debenture [ICRA]A- (Negative); downgraded from [ICRA]A+ (Negative)
2 Fund based-Term Loan [ICRA]A- (Negative); downgraded from [ICRA] A+ (Negative)
3 Fund based-Short Term [ICRA]A2+; downgraded from [ICRA]A1
4 Commercial Paper [ICRA]A2+; downgraded from [ICRA]A1

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