Titan Company receives credit ratings from CARE

Titan Company has received credit ratings from CARE as under:

Long term bank facilities (Rs 3,555 crore) - CARE AAA; Stable (assigned)
Short term bank facilities (Rs 6,445 crore) - CARE A1+ (assigned)
Total Bank facilities - Rs 10,000 crore
Commercial paper (Rs 1500 crore) - CARE A1+ (assigned)

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