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CRISIL reaffirms ‘AA+’ rating to Amara Raja’s long term bank facilities

11 Jun 2014 Evaluate

Credit rating agency, CRISIL has reaffirmed ‘AA+/Stable’ rating to long term bank facilities. The rating agency has also reaffirmed ‘A1+’ rating to the company’s short term bank facilities.

Amara Raja Batteries is engaged in manufacturing of industrial and automotive batteries. It was founded in 1985. ARBL was first to introduce Valve Regulated Lead Acid (VRLA) batteries with three-year warranty in industrial and automotive applications.

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