Jagran Prakashan credit ratings reaffirmed by CRISIL

Jagran Prakashan Limited announced that CRISIL Limited reaffirmed the credit ratings for its various debt instruments. The long-term rating for non-convertible debentures is reaffirmed at CRISIL AA+/Stable. Similarly, the long-term rating for total bank loan facilities is reaffirmed at CRISIL AA+/Stable, and the short-term rating for commercial paper is reaffirmed at CRISIL A1+. As of the announcement, the rated amount for long-term non-convertible debentures is INR 50 crores, while the rated amount for total bank loan facilities is INR 285 crores, and the rated amount for commercial paper is INR 70 crores. The ratings rationale can be accessed on CRISIL's website.