CRISIL Ratings reaffirmed ratings on JNK India Ltd’s instruments, including bank loan facilities of Rs. 604 Crore
JNK India Ltd announced that CRISIL Ratings Limited has reaffirmed its ratings on the company’s instruments, including Total Bank Loan Facilities of Rs. 604 Crore, carrying a rating of Crisil A-/Stable with an outlook revised from ‘Negative,’ and Total Bank Loan Facilities of Rs. 604 Crore, reaffirmed at Crisil A2+; additionally, CRISIL Ratings reaffirmed Cash Credit (HDFC Bank Limited) at Rs. 15 Crore and Rs. 5 Crore, Cash Credit (Kotak Mahindra Bank Limited) at Rs. 30 Crore, Cash Credit (ICICI Bank Limited) at Rs. 30 Crore, Letter of Credit & Bank Guarantee (Kotak Mahindra Bank Limited) at Rs. 30 Crore, Letter of Credit & Bank Guarantee (HDFC Bank Limited) at Rs. 102 Crore, Rs. 216 Crore, and Rs. 106 Crore, and Letter of Credit & Bank Guarantee (ICICI Bank Limited) at Rs. 106 Crore, with no enhancements, assignments, or withdrawals noted.