|
| Exchange Disseminated Time 09/01/2016 08:28:24 | TV18 Broadcast Ltd has informed BSE that ICRA Limited (ICRA) - the Credit Rating Agency, has revised the credit ratings of the Company as given below:
1. Upgraded rating assigned to the fund based/non-fund based bank limits of Rs. 354 crores to [ICRA] AA+ (pronounced ICRA double A plus) from [ICRA] A (pronounced ICRA A).
2. Reaffirmed/reassigned rating of the Commercial Paper Programme aggregating to Rs. 400 Crores at [ICRA]A1+ (pronounced ICRA A one plus).
The Company is enclosing the rating rationale issued by ICRA. |
|
|