CRISIL revises rating to ‘A+ /Stable’ for long-term bank facilities of Redington (India)

05 Apr 2013

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.

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181.50 -1.70 (-0.93%) Mar 05, 18:59
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