Credit rating agency, CRISIL has reaffirmed rating of Godfrey Phillips India’s long term bank facilities at AA+/ Stable. Moreover, the company has reaffirmed rating of the company’s short term bank facilities at A1+.
Godfrey Phillips India’s core business is manufacturing cigarette. Under this division has created brands like Four Square, Red and White, Jaisalmer, Cavanders and Tipper. The company has also initiative in developing products such as Stellar, the first slim cigarette and I-gen, the first euro norm cigarette in India.
