Tata Consumer Products Ltd.

BSE: 500800 | NSE: TATACONSUM
Large Cap | Tea/Coffee
1178.45
-10.45 (-0.88%)
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ICRA upgrades financial ratings of Tata Consumer Products

Date: 30-12-2020

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.