-10.45 (-0.88%) Credit rating agency -- ICRA has upgraded Tata Consumer Products’ Long Term Debt at ‘AAA’ from ‘AA+’. Short Term Debt has reaffirmed to ‘A1+’. ICRA also upgraded the company's fund-based working capital facilities at ‘AAA’ with a stable outlook from ‘AA+’ earlier. Besides, it reaffirmed the non-fund based facility at ‘A1+’.
Tata Consumer Products (formerly known as Tata Global Beverages) is a focused consumer products company uniting the food and beverage interests of the Tata Group under one umbrella.