Corporate News     08-Jan-19
Rane Brake Lining gets reaffirmation in credit ratings
From ICRA
Rane Brake Lining announced that ICRA has reviewed the credit ratings of the company as under -

a.Reaffirmed - for the Rs. 165.32 crore line of credit - long term rating at [ICRA] AA- (pronounced as ICRA double A Minus). The outlook on long term rating is 'Stable';

b.Reaffirmed - short term rating bank facilities and the commercial paper programme of the company at [ICRA] A1+ (pronounced as ICRA A one plus); and

c.Reaffirmed for the Rs.30 crore commercial paper programme - the credit rating [ICRA]A1+ (pronounced as ICRA A One plus).

Previous News
  Rane Brake Lining fixes record date for dividend
 ( Market Beat - Reports 03-May-23   15:47 )
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 ( Results - Announcements 05-Aug-20   12:37 )
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 ( Corporate News - 31-Mar-23   10:23 )
  Rane Brake Lining receives reaffirmation in ratings for bank facilities
 ( Corporate News - 23-Feb-21   11:34 )
  Rane Brake Lining receives reaffirmation in credit ratings from ICRA
 ( Corporate News - 25-Feb-20   13:36 )
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