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Crisil up-grades rating of Amara Raja Batteries’ bank facilities

25 Jun 2013 Evaluate

Credit rating agency, Crisil has up-graded rating of Amara Raja Batteries’ long term bank facilities to AA+ from AA. Further, the rating agency has also reaffirmed the rating of the company’s long term bank facilities at A1+.

Amara Raja Batteries (ARBL) is engaged in manufacturing of industrial and automotive batteries. It was founded in 1985. ARBL was first to introduce Valve Regulated Lead Acid (VRLA) batteries with three-year warranty in industrial and automotive applications.

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