Tata Coffee announced that ICRA has reaffirmed the short term rating and placed long term rating under watch with positive implication as under:
Fund based bank facilities (Rs 150 crore) – ICRA AA+; Stable (long term rating placed under watch with positive implications and short term rating reaffirmed)
Commercial paper (Rs 30 crore) – ICRA A1+ (rating reaffirmed)
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