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Torrent Power receives revision in credit ratings from CRISIL

25 Feb 2022 , 01:35 AM

Torrent Power announced that CRISIL has upgraded the long term cred it rating of non-convertible debentures and long term bank facilities of the Company to CRISIL AAStable from CRISIL AAPositive considering apart from other factors continued strong profitability and sustained improvement in the leverage levels CRISIL has reaffirmed its rating on the short-term bank facilities and commercial paper programme at CRISIL A1

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