Jubilant Ingrevia receives credit ratings from India Ratings and Research

Jubilant Ingrevia has received credit ratings from India Ratings and Research as under:

Proposed commercial paper (Rs 400 crore) - IND A1+ (assigned)
Term loan (Rs 300 crore) - IND AA+/ Stable (affirmed)
Term loan (Rs 120 crore) - IND AA+/ Stable (assigned)
Fund based limit (Rs 700 crore) - IND AA+/Stable/ IND A1+ (affirmed)
Non fund based limit (Rs 1,300 crore) - IND A1+ (affirmed)