Ind-Ra Withdraws PTC India’s Ratings
Delhi-24 June 2015: India Ratings and Research (Ind-Ra) has withdrawn
the ‘IND A1+(suspended)’ rating on PTC India Limited’s
(PTC) INR1bn short-term debt/commercial paper programme and INR5bn
short-term non-fund based limits.
The rating has been withdrawn due to lack of adequate information. Ind-Ra will no longer provide ratings or analytical coverage for PTC.
Ind-Ra suspended PTC’s rating on 22 December 2014.
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