Eid Parry India Ltd. has informed the Exchange that CRISIL has upgraded the credit rating to "AA/Stable" (pronounced "Double A rating with Stable outlook"), from "AA-/Stable" for the following: (1)Non-Convertible Debentures (Rs. 500 million) (2)Bank facilities- (i)Term loans (Rs. 3855 million) and (ii) Cash Credit (Rs. 4030 million). The revised rating indicates high degree of safety with regard to timely payment of interest and principal on the instrument.
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