Hot Pursuit
Jain Irrigation Systems Ltd announced that CRISIL Ratings Limited has provided an update regarding its credit ratings, referencing Regulation 30 of SEBI (LODR) Regulations, 2015, while noting insufficient information to extract specific rating data; the agency affirmed the rating on Bank Loan Facilities as Unchanged, with an unchanged rating, and updated the bank-wise allocation to comply with RBI requirements, reiterating that the overall rated amount and ratings remain unchanged; furthermore, CRISIL Ratings has assigned an A3 rating to Bank Guarantee instruments with a combined outstanding of 59.5, and also maintains an A3 rating on additional Bank Guarantee instruments, without specifying an amount, effectively confirming these ratings without any enhancements, assignments, or withdrawals.
