Crisil assigns / re-affirms ratings of Chambal Fertilisers

CRISIL has reaffirmed following ratings to Chambal Fertilisers & Chemicals Ltd' STD Programme:

- Rs 500 Million Non-Convertible Debenture Programme: AA-/Stable(Reaffirmed)

- Fixed Deposit Programme: FAA/Stable(Reaffirmed)

- Rs 617.5 Million Non-Convertible Debenture Programme: AAA(so)(Reaffirmed)
(Based on irrevocable guarantee from ICICI Bank Ltd)

- Rs 3.75 Billion Short Term Debt Programme: P1+
(Enhanced from Rs 2.75 Billion)

Source : Equity Bulls

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