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Icra alters Tata Motors NCD
Financial Express — December 18 2003

Tata Motors Ltd said that Icra has altered the rating of the company's long-term non-convertible debentures (NCD) programme aggregating Rs 550 crore up from LAA to LAA+ (indicating high safety). The rating assigned to its Rs 1,200 crore commercial paper programme has been retained at A 1 + (indicating highest safety)



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