Hot Pursuit
JNK India Ltd announced that CRISIL Ratings Limited has reaffirmed its ratings on the company’s instruments, including Total Bank Loan Facilities of Rs. 604 Crore, carrying a rating of Crisil A-/Stable with an outlook revised from ‘Negative,’ and Total Bank Loan Facilities of Rs. 604 Crore, reaffirmed at Crisil A2+; additionally, CRISIL Ratings reaffirmed Cash Credit (HDFC Bank Limited) at Rs. 15 Crore and Rs. 5 Crore, Cash Credit (Kotak Mahindra Bank Limited) at Rs. 30 Crore, Cash Credit (ICICI Bank Limited) at Rs. 30 Crore, Letter of Credit & Bank Guarantee (Kotak Mahindra Bank Limited) at Rs. 30 Crore, Letter of Credit & Bank Guarantee (HDFC Bank Limited) at Rs. 102 Crore, Rs. 216 Crore, and Rs. 106 Crore, and Letter of Credit & Bank Guarantee (ICICI Bank Limited) at Rs. 106 Crore, with no enhancements, assignments, or withdrawals noted.