Vodafone Idea introduced that CRISIL has downgraded its ranking on Non-Convertible Debentures of Rs. 6,000 crore and has re-affirmed its ranking on CP Programme of Rs. 2,000 crore of erstwhile Vodafone Mobile Services (VMSL), which has since been migrated to Vodafone Idea (the Company) pursuant to amalgamation of VMSL with the Company.
The revised credit ranking is as beneath:
Non Convertible Debentures – CRISIL A+/ Negative (Revised from CRISIL AA-/ Negative)
Commercial Paper – CRISIL A1+ (Reaffirmed)
Powered by Capital Market – Live News
(This story has not been edited by Business Standard workers and is auto-generated from a syndicated feed.)