Hot Pursuit
DIC India Ltd announced that CRISIL Ratings has reaffirmed its ratings on the company's various debt instruments, including Total Bank Loan Facilities of INR 100 crore with a CRISIL A/Stable rating (long term) and INR 100 crore with a CRISIL A1 rating (short term), as well as Total Short-Term Debt of INR 50 crore with a CRISIL A1 rating; further reaffirmations were assigned to Bank Loan Facilities of Rs. 100 Crore (Long Term: Crisil A/Stable), Rs. 10 Crore (Cash Credit - HDFC Bank Limited, Crisil A/Stable), Rs. 25 Crore (Cash Credit - Standard Chartered Bank, Crisil A/Stable), Rs. 30 Crore (Letter of Credit & Bank Guarantee - HDFC Bank Limited, Crisil A1), and Rs. 35 Crore (Letter of Credit & Bank Guarantee - Standard Chartered Bank, Crisil A1), with no enhancements, assignments, or withdrawals noted.
