Prism Johnson receives ratings action from India Ratings

Prism Johnson receives ratings action from India Ratings

Aug 18, 2021 12:08 IST capital market

Prism Johnson announced that India Ratings and Research has revised its rating outlook on the long term debt instruments of the Company to Positive from Stable, while affirming the ratings at IND A+. The rating on commercial paper has been affirmed at IND A1+.

Further, India Ratings, has assigned the Credit Rating IND A+/Positive to the proposed new issue of Unsecured Rated Listed Redeemable Taxable Non-convertible Debentures, Tranche - XVIII of Rs. 95 crore of the Company on private placement.

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