Common Contracts
1 similar Rating Agreement contracts
Ref: ICRA/Jyothy Labs Limited/04042024/1 Date: April 04, 2024Rating Agreement • April 4th, 2024
Please refer to the Rating Agreement dated October 04, 2018 executed between ICRA Limited (“ICRA”) and your Company, whereby, ICRA is required to review its rating(s), on an annual basis, or as and when the circumstances so warrant. Based on a review of the latest developments, the Rating Committee of ICRA, after due consideration has reaffirmed the short-term Rating of [ICRA]A1+ (pronounced ICRA A one plus) (“Rating”). The rating indicates very strong degree of safety regarding timely payment of financial obligations. Such instruments carry lowest credit risk.
