Godrej Properties Receives ICRA Credit Rating Review


Godrej Properties has received a credit rating upgrade from ICRA as follows:

Fund-based/non-fund-based facilities (Rs 2500 crore)
Long-term rating – ICRA AA+; Stable (upgraded from ICRA AA; positive)
Short term rating – ICRA A1+ (reaffirmed)

Non-convertible debentures (Rs 1000 crore) – ICRA AA+; Stable (upgraded from ICRA AA; positive)

Commercial paper (Rs 1500 crore) – ICRA A1+ (reaffirmed)

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First published: Mon 01 Aug 2022 10:09 AM IST


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