Corporate News     23-Oct-24
Godrej Industries receives upgrade in long term credit ratings
From ICRA

Godrej Industries has received ratings action from ICRA as under:

 Instrument Amount (Rs crore)  Rating  
  NCD

7000 

ICRA AA+; Stable (upgraded) 

  Commercial paper

3500 

ICRA A1+ (reaffirmed) 

  Long term fund based facilities - CC

90 

ICRA AA+; Stable (upgraded) 

  Long term - term loan

226.32 

ICRA AA+; Stable (upgraded) 

  Short term non fund based facilities

126 

ICRA A1+ (reaffirmed) 

  Long / short term unallocated

1697.68 

ICRA AA+; Stable (upgraded)/ ICRA A1+ (reaffirmed) 

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