Tribhovandas Bhimji Zaveri receives ratings action from ICRA

Tribhovandas Bhimji Zaveri announced that ICRA has place the credit ratings assigned to the company on rating watch with positive implications as follows:

Long term / short term (fund based working capital) - ICRA A-/ICRA A2+ (placed on rating watch with positive implications)

Long term (fund based term loans) - ICRA A- (placed on rating watch with positive implications)