MoneyWorks4Me

CRISIL assigns ‘A1+’ rating to Eros International Media’s Commercial Paper

24 Jan 2013 Evaluate

Credit rating agency, CRISIL has assigned ‘A1+’ rating to Eros International Media’s Commercial Paper worth Rs 150 crore. Rating is considered to have strong degree of safety regarding timely servicing of financial obligations.

Eros International Media is a part of the Eros Group., which has an extensive film library and is in the business of sourcing Indian and other film content and exploiting it worldwide through its offices in India, UK, USA, UAE, Singapore, Australia, the Isle of Man and Fiji across formats such as theatres, home entertainment, television and digital new media.

Peers
Company Name CMP
PVR Inox 1255.90
Saregama India 486.75
Shemaroo Entertain. 115.65
UFO Moviez India 60.63
Balaji Telefilms 92.38
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