-10.45 (-0.88%) Tata Global Beverages has informed that ICRA has vide their letter dated October 01, 2015 reaffirmed ICRA A1+ (pronounced as ICRA A One Plus) assigned to the Company’s Rs 465 crores Commercial Paper / Short Term Debt Programme. The rating is considered to have very strong degree of safety regarding timely payment of financial obligations and such instrument carry lowest credit risk.
The above information is a part of company’s filings submitted to BSE.