-10.45 (-0.88%) Tata Global Beverages has informed that ICRA Ltd. has vide their letter dated October 13, 2015 reaffirmed ICRA AA+ (pronounced as ICRA double A Plus) assigned to the Company’s Rs 325 crores Non-convertible Debenture Programme. The outlook for the rating is considered stable and is considered to have degree of safety regarding timely servicing of financial obligations and such instrument carry very low credit risk.
The above information is a part of company’s filings submitted to BSE.