Corporate News     19-Jan-23
JK Paper receives revision in credit ratings from India Ratings and Research
JK Paper announced that India Ratings and Research has upgraded its rating to "IND AA" from "IND AA-" for various funding facilities of the Company and reaffirmed its 'IND A1+' rating for Commercial Papers of the Company.

The instrument wise rating actions are as follows:

Term loan (Rs 314 crore) - IND AA/ Stable (upgraded)
Fund based limits (Rs 250 crore) - IND AA/ Stable/ IND A1+ (long term rating upgraded; short term rating reaffirmed)
Non fund based limits (Rs 370 crore) - IND AA/ Stable/ INA A1+ (long term rating upgraded; short term rating reaffirmed)
Commercial paper (Rs 100 crore) - IND A1+ (affirmed)
Term deposit (Rs 30 crore) - IND AA/ Stable (upgraded)

Previous News
  JK Paper consolidated net profit rises 64.86% in the March 2023 quarter
 ( Results - Announcements 16-May-23   17:52 )
  JK Paper jumps after Q1 PAT rises 18% YoY to Rs 309 cr
 ( Hot Pursuit - 25-Jul-23   10:41 )
  JK Paper Q4 PAT declines YoY to Rs 279 crore
 ( Hot Pursuit - 17-May-24   11:31 )
  Board of JK Paper recommends final dividend
 ( Corporate News - 16-May-24   18:34 )
  Volumes jump at JK Paper Ltd counter
 ( Hot Pursuit - 25-Jul-23   11:00 )
  JK Paper announces cessation of director
 ( Corporate News - 09-Jan-21   14:38 )
  JK Paper
 ( Analyst Meet / AGM - Conference Call 22-Nov-21   19:09 )
  JK Paper receives revision in credit ratings from India Ratings and Research
 ( Corporate News - 19-Jan-23   12:06 )
  JK Paper announces temporary closure of operations of subsidiary
 ( Corporate News - 24-Aug-20   19:48 )
  Board of JK Paper recommends Final Dividend
 ( Corporate News - 25-May-21   11:55 )
  JK Paper fixes record date
 ( Market Beat - Reports 22-Feb-20   09:47 )
Other Stories
  GAIL (India) signs MoU with AM Green
  04-Oct-24   19:27
  EaseMyTrip.com resumes bookings to the Maldives
  04-Oct-24   19:25
  BLS completes acquisition of Dubai-based Citizenship Invest
  04-Oct-24   19:23
  Insecticides India launches new maize herbicide 'Torry Super'
  04-Oct-24   19:21
  Landmark Cars receives LoI from Mercedes-Benz India
  04-Oct-24   19:19
  Astra Microwave Products receives affirmation in credit ratings from CRISIL
  04-Oct-24   19:16
  Supreme Petrochem receives affirmation in credit ratings
  04-Oct-24   19:10
  Astec LifeSciences director resigns
  04-Oct-24   19:08
  Board of Gravita India approves change in directorate
  04-Oct-24   19:05
  Board of Gravita India approves fund raising up to Rs 1,000 cr
  04-Oct-24   19:03
Back Top