Mahanagar Telephone Nigam receives ratings action from CARE

2 Nov 2022 , 01:32 AM

Mahanagar Telephone Nigam has received revision in credit ratings from CARE for bank facilities aggregating Rs 22000 crore as under Long term bank facilities – CARE BB; Stable revised from CARE D; Stable Long term short term bank facilities – CARE BB; Stable CARE A4 revised from CARE D; Stable Short term bank facilities – CARE A4 revised from CARE D The rating on the companys other debt facilities aggregating Rs 1401397 crore including NCDs and bonds has been reaffirmed at CARE AAA credit enchanment ; Stable