ICRA reaffirms ratings of Warren Tea Limited

The Rating committee of ICRA has reaffirmed the long-term rating of Warren Tea Limited at [ICRA]BB- (pronounced ICRA double B minus) ("Rating'). The outlook on the long-term rating is Stable.

The short-term outstanding rating [ICRA]A4 (pronounced ICRA A four) stands withdrawn as the short-term non-fund based facilities have been closed by the banks and there is no amount outstanding against the earlier rated instruments.

Source : Equity Bulls

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WarrenTea RatingUpdate Reaffirmed LongTermRating