From ICRA
Tamil Nadu Newsprint & Papers has receives revision in credit rating from ICRA as under -Term loans Rs 2080 crore - ICRA A reaffirmed; Outlook revised from Stable to Negative.
Short term fund based Rs 75 crore - ICRA A2+ revised from ICRA A1
Long term/short term fund based/non fund based Rs 675 crore - ICRA A reaffirmed; Outlook revised from Stable to Negative; ICRA A2+ revised from ICRA A1.
Commercial Paper Rs 10 crore - ICRA A2+ revised from ICRA A1.
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