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ICRA withdraws rating assigned to Jayshree Tea’s Commercial Paper Programme

18 Oct 2012 Evaluate

ICRA has withdrawn the rating assigned to Rs 70 crore Commercial Paper Programme of Jayshree Tea & Industries, as the company has not raised funds against the rated instrument. Further, there is no amount outstanding against the rated instrument.

Jay Shree Tea & Industries, a well diversified conglomerate of B.K. Birla Group of Companies. Besides tea, the Company is also actively involved in chemicals & fertilizers, sugar and education.

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