Cox & Kings announced that CARE and Brickwork Ratings India have reaffirmed and enhanced the Commercial Paper issue carved out of sanctioned working capital limit of the Company from the existing Rs. 1647 crores to Rs. 1685 crores.
The Rating has been reaffirmed as CARE A1+ (A One Plus) and BWR A1+ (BWR A One Plus) respectively.
CARE & and Brickwork Ratings India has also reaffirmed rating of the commercial paper issue on Standalone basis of Rs. 375 crore as CARE Al+ (A One Plus) and BWR Al+ (BWR A One Plus) respectively.
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