Skip to main content

MoneyWorks4Me

Eros International Media informs about credit rating

08 Dec 2015 Evaluate

Eros International Media has informed that ICRA has revised the Credit Rating for Rs 750 crore for Non-Convertible Debentures (NCD) of the Company to [ICRA] A+ (negative outlook) from [ICRA] AA- (stable outlook). Rating Definition-Such instruments with [ICRA] A ratings are considered to have adequate degree of safety regarding timely servicing of financial obligations and carry low credit risk. Within this category, modifier ‘ + ‘ reflects comparative standing within the category. Further, the Company has not issued any Non Convertible Debentures (NCD) till date.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
PVR Inox 1494.75
Saregama India 546.55
Shemaroo Entertain. 105.90
UFO Moviez India 60.24
Tips Music 781.60
View more..