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CARE upgrades rating of Eveready Industries' long term bank facilities

19 Apr 2016 Evaluate

Credit ratings agency, CARE has upgraded Eveready Industries India’s long term bank facilities in respect of Term Loan from ICICI Bank from ‘A’ to ‘A+’.

Eveready Industries India (formerly known as Union Carbide India) is engaged in the manufacture of dry cell batteries and flashlights. It also manufactures tea under the brands Tez, Jaago, Premium Gold and Classic and insect repellents under the brand Eveready Poweron. The company was founded in 1905 and is based in Kolkata, West Bengal.

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