Credit rating agency, CARE has reaffirmed ‘A1+’ rating to Blue Star’s Commercial Paper worth Rs 350.00 crore which was reduced from Rs 300 crore. The rating continues to factor in Blue Star’s (BSL) proven track record and dominant market position in the central air-conditioning and cooling products business, reputed client base, pan-India presence with a wide marketing and dealers network.
Blue Star is India’s leading central air-conditioning and commercial refrigeration company fulfilling the cooling requirements and providing end-to-end solutions as a manufacturer, contractor and after-sales service provider to corporate, commercial, institutional and residential customers. The company has six manufacturing facilities located at Thane, Bharuch, Dadra, Himachal and Wada.
