Corporate News     31-Oct-23
Raymond receives ratings action from CRISIL
Raymond has received credit ratings from CRISIL as under:

Total Rated Facilities - Rs.2978.31 crore (Reduced from Rs.3427 crore)

Long Term Rating - CRISIL AA/Stable (Upgraded from 'CRISIL AA-'; Removed from ‘Rating Watch with Positive Implications' on facilities amounting Rs.1,438.31 crore; Rating Withdrawn on facilities amounting Rs.448.69 crore)

Long Term Rating - CRISIL AA-/Watch Developing (Revised from ‘Rating Watch with Positive Implications' to 'Rating Watch with Developing Implications' on proposed rupee term loan facilities amounting Rs.250 crore)

Long Term Rating - CRISIL AA-/Watch Developing (Continues on ‘Rating Watch with Developing Implications' on facilities amounting Rs.470 crore)

Short Term Rating - CRISIL A1+ (Reaffirmed)

Non-Convertible Debentures Aggregating Rs.275 crore - CRISIL AA-/Watch Positive (Withdrawn)

Rs.550 crore Commercial Paper - CRISIL A1+ (Reaffirmed)

Previous News
  Raymond consolidated net profit rises 1216.77% in the June 2023 quarter
 ( Results - Announcements 11-Aug-23   15:19 )
  Raymond gains after arm signs pact to redevelop housing project in Mumbai
 ( Hot Pursuit - 19-Jan-22   12:58 )
  Raymond Realty launches its first project in Bandra
 ( Corporate News - 20-Feb-24   15:03 )
  Raymond to hold board meeting
 ( Corporate News - 03-Oct-19   15:32 )
  Raymond standalone net profit declines 13.21% in the March 2016 quarter
 ( Results - Announcements 27-Apr-16   10:33 )
  Raymond records multi-fold jump in Q1 PAT to Rs 1,065 cr
 ( Hot Pursuit - 11-Aug-23   16:11 )
  Raymond to hold EGM
 ( Corporate News - 15-Oct-19   12:09 )
  Raymond consolidated net profit rises 419.91% in the December 2019 quarter
 ( Results - Announcements 23-Jan-20   08:22 )
  Raymond to conduct board meeting
 ( Corporate News - 18-Jan-22   10:35 )
  Raymond reports consolidated net loss of Rs 5.87 crore in the June 2017 quarter
 ( Results - Announcements 26-Jul-17   16:49 )
  Raymond announces resignation of CEO - Lifestyle Business
 ( Corporate News - 05-Jul-21   20:25 )
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