CRISIL assigns ‘AA’ rating to Aditya Birla Nuvo’s NCD programme

Aditya Birla Nuvo Ltd. - (Amalgamated) | Diversified | Diversified | BSE: 500303 | NSE: ABIRLANUVO

27 Dec 2013 Evaluate

Credit rating agency, CRISIL has assigned ‘AA+/stable’ rating to the non-convertible debentures (NCD) programme of Aditya Birla Nuvo. The company has received the said rating on the back of its diversified business risk profile marked by its strong market position and healthy operating efficiencies in its manufacturing and fashion and lifestyle businesses.

Aditya Birla Nuvo is a $4.5 billion conglomerate by revenue size. The company, part of Aditya Birla Group, is present across financial Services, telecom, fashion & lifestyle, IT-ITeS and manufacturing businesses.

Peers

Company Name	CMP
Grasim Industries	3171.00
DCM Shriram	998.35
3M India	34233.10
Hindustan Foods	625.90
Balmer Lawrie & Co	168.10
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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