Credit rating agency, India Ratings and Research, a Fitch Group Company has assigned PC Jeweller’s additional Commercial Paper (CP) Programme amounting Rs 100 crore at ‘A1+’ rating. Simultaneously, the credit rating agency has affirmed company’s Rs 100 crore CP Programme at ‘A1+’ rating.
PC Jeweller is one of the leading jewellery companies in India in the organized jewellery retail sector. Its operations include the manufacture, retail and export of jewellery. The company has developed a strong brand in north and central India markets.