ICRA Press Releases on March 15 2010, related to ratings of Blue Bird Arts Manufacturing, Rajshri Packagers, ICICI prudential Capital, Kenzo International, Okaya Power Limited, Richa & Co, Garg Acrylics, Zodiac Clothing and more

March 15 2010, Gurgaon, ICRA Limited has released following press releases related to ratings of various companies firms:

• ICRA assigns LBB rating to the bank facilities of Blue Bird Arts Manufacturing Private Limited
• ICRA assigns ratings to bank facilities of Rajshri Packagers Limited
• ICRA assigns mfAAA(SO) to ICICI prudential Capital Protection Oriented Fund – Series I to V
• ICRA assigns LBBB+ and A2+ ratings to bank facilities of Kenzo International
• ICRA assigns LBBB- and A3 ratings to bank facilities of Okaya Power Limited
• ICRA assigns LBBB- and A3 ratings to bank facilities of Richa & Co.; assigns stable outlook
• ICRA assigns LBBB- and A3 ratings to bank facilities of Richa Global Exports Private Limited; assigns stable outlook
• ICRA revises the long term rating for bank facilities of Garg Acrylics Limited and assigns A3 rating to bank facilities of Garg Acrylics Limited; assigns stable outlook
• ICRA reaffirms the LBB+ rating for bank facilities of Garg Furnace Limited and assigns A4+ rating to bank facilities of Garg Furnace Limited; assigns stable outlook
• ICRA reaffirms A1+ rating for bank facilities of Zodiac Clothing Company Limited; assigns A1+ rating to its commercial paper programme
• ICRA assigns LB-/A4 rating to bank limits of Bhurji Supertek Industries Limited.
• ICRA assigns A1 rating to Angel Global Capital Private Limited’s Short Term Debt programme
• ICRA assigns LBB+ and A4+ ratings to bank facilities of India Exposition Mart Limited
• ICRA revises the ratings for bank facilities of Pricol Limited to LBBB-/A3, rated amount enhanced; stable outlook assigned
• ICRA has reaffirmed A1+ rating for the enhanced Rs. 5 billion Commercial Paper (CP)/ Short-Term Debt (STD) Programme of HCL Infosystems Limited (HCL)
• ICRA assigns mfA1+ rating to Edelweiss Short Term Bond Fund
• ICRA assigns LBB-/A4 ratings to the bank facilities of SPR Group Holdings Private Limited
• ICRA assigns LBB- rating to the bank facilities of Chamundi Distilleries Private Limited
• ICRA reaffirms LA – and A1 ratings to the bank lines of Saraswati Sugar Mills Limited (SSML)
• ICRA upgrades the long-term of rating to LAA- from LA+ and reaffirms its A1+ short-term rating assigned to Saraswati Industrial Syndicate Limited (SISL)
• ICRA withdraws the suspended rating for the Fixed Deposit Programme of First Financial Services Limited
• ICRA withdraws the suspended rating for the Fixed Deposit Programme of Coimbatore Lakshmi Investments and Finance Company Limited

Media Contact

ICRA Limited
(An Associate of Moody’s Investors Service)
Building No. 8, 2nd Floor, Tower A
DLF Cyber City, Phase II
Gurgaon 122002
Tel + (91 124) 4545300, 4545800
Fax+(91 124) 4545350/4545850