Dish TV India receives downgrade in ratings for ST bank facilities

From CARE

Dec 06, 2019 11:12 IST capital market

Dish TV India has received downgrade in credit rating from CARE Ratings for short term bank facilities aggregating Rs 850 crore from CARE A4+ to CARE D.

The revision in the rating assigned to the bank facilities of Dish TV India (DTIL) takes into account default in payment of short term loan due on 28 November 2019.

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