Corporate News 18-Feb-22
Torrent Power receives revision in credit ratings from CRISIL
Torrent Power announced that CRISIL has upgraded the long term cred it rating of non-convertible debentures and long term bank facilities of the Company to "CRISIL AA+/Stable" from "CRISIL AA/Positive" considering, apart from other factors, continued strong profitability and sustained improvement in the leverage levels. CRISIL has reaffirmed its rating on the short-term bank facilities and commercial paper programme at "CRISIL A1+" .
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