Credit rating agency, CRISIL has revised its ratings on the long-term bank facilities of Redington (India) to ‘A+ /Stable’ from ‘AA- / Negative’ and reaffirmed its existing rating on the short-term bank facilities and short term debt programme of the company at ‘A1+’ (the highest rating in this category).
Redington (India) is engaged in the business of vendor-authorized end-to-end supply chain management of information technology (IT) hardware and software products. The company distributes a range of IT products, such as networking, storage, and enterprise products, as well as servers and software solutions.
