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JK Tyre & Industries receives credit ratings from CARE
18-Feb-2025, 07:54
JK Tyre & Industries announced that CARE Ratings has assigned short term ratings of CARE A1 + to the proposed issue of Commercial Paper (carved out) for Rs.300 crore and has reaffirmed the rating of CARE AA-/CARE A1 + on Long Term/Short Term rating for bank facilities and instrument of the Company.
JK Tyre & Industries announced that CARE Ratings has assigned short term ratings of CARE A1 + to the proposed issue of Commercial Paper (carved out) for Rs.300 crore and has reaffirmed the rating of CARE AA-/CARE A1 + on Long Term/Short Term rating for bank facilities and instrument of the Company.
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