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| Exchange Disseminated Time 07/12/2015 19:29:14 | Eros International Media Ltd has informed BSE that ICRA Limited has revised the Credit Rating for Rs. 750 crore for Non-Convertible Debentures (NCD) of the Company to [ICRA] A+ (negative outlook) from [ICRA] AA- (stable outlook).
Rating Definition - Such instruments with [ICRA] A ratings are considered to have adequate degree of safety regarding timely servicing of financial obligations and carry low credit risk. Within this category, modifier " + " reflects comparative standing within the category.
Further, the Company has not issued any Non Convertible Debentures (NCD) till date. |
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