Eros International Media gets Acuite B rating on bank facilities

The long-term rating of Acuite B is on the Rs465cr bank facilities of the company. The outlook is stable.

Sep 22, 2020 09:09 IST India Infoline News Service

Eros International
Eros International Media Limited has been assigned a long-term rating of Acuite B with stable outlook by The Acuite Ratings & Research Limited.

The long-term rating of Acuite B is on the Rs465cr bank facilities of the company. The outlook is stable.

“All other outstanding credit ratings are under process of being withdrawn and Acuite Ratings will be the primary credit rating for the company's bank facilities,” company informed the exchanges on Monday.

Eros International Media Ltd is currently trading at Rs20.55 down Rs0.25 or 1.20% from its previous closing of Rs20.80 on the BSE. 

Related Story