Indian Terrain Fashions Limited has informed the Exchange about Credit Rating
INDTERRAIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
CRISIL has re-affirmed the credit ratings on Indian Terrain Fashions' bank facilities totalling Rs. 105.00 Crores. The long-term rating stands at CRISIL BBB-/Stable and the short-term rating at CRISIL A3. Despite using the word 'revision,' the actual outcome is a re-affirmation, meaning no change from the previous ratings. The rating rationale is available on the company's investor information page.
This is a neutral event for shareholders — the re-affirmation of BBB-/A3 ratings indicates CRISIL views the company's creditworthiness as stable with no change in risk perception. No immediate positive or negative impact on stock price is expected from this announcement alone.