Indian Petrochemicals Corporation Ltd has informed BSE that the CRISIL has upgraded / reaffirmed the ratings of the following debt programmes of the company:-
Debt Programme Revised Rating Safety with regard to timely payment of interest & principal
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Rs 12 billion NCD AA from AA- High Safety
Rs 2.03 billion NCD AA from AA- High Safety
Fixed Deposit FAA+ from FAA Strong
Rs 9000 million Reaffirmed P1+ Very Strong
Short Term Deposit
BSE Code: 500105
