Shriram Finance receives upgrade in LT credit ratings from CRISIL

Shriram Finance announced that CRISIL Ratings has upgraded the Company's Long-Term Rating to 'Crisil AAA/Crisil PPMLD AAA/Stable' and removed the ratings from Watch with Positive Implications and has reaffirmed its 'Crisil A1+' Short-Term Rating. Further, on Company's request CRISIL has withdrawn its rating on Non-Convertible Debentures of Rs.1,190 crore, Long-Term Principal Protected Market Linked Debentures of Rs.50 crore and Subordinated Debt of Rs.40 crore upon its redemption.