ICRA assigns A1+ Rating for Godrej Consumer

Godrej Consumer Products Ltd has announced that ICRA has assigned a rating of A1+ (pronounced A one plus) to the short term borrowing programme including commercial paper of Rs 20 crore by the Company.

The rating is the highest credit quality rating assigned by ICRA to short term debt instruments. Instruments rated in this category carry the lowest credit risk in the short term.

Source : Equity Bulls

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