Aditya
Birla Nuvo gets highest credit rating for its bank facilities
by Credit Analysis and Research Ltd.
Aditya
Birla Nuvo has been assigned a ‘CARE AAA’ (Triple
AAA) rating for its long term facilities (including working
capital). Further
the company has also been assigned ‘PR1+’ (PR One
Plus) rating for its short term facilities.
Working
capital lenders of the company had requested for risk rating
for the company’s working capital facility in connection
with their capital adequacy requirement pursuant to BASEL-II
norms.
For more information,
contact:
Dr. Pragnya Ram
Group Executive President
Corporate Communications
Aditya Birla Management Corporation Limited
Tel: 91-22-6652 5000 / 2499 5000
Fax: 91-22-6652 5741/ 42
Email: pragnya.ram@adityabirla.com
