ICRA Downgrades Shapoorji Pallonji Ratings
Residential and commercial towers are seen through and reflected on an office building in the Lower Parel area of Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

ICRA Downgrades Shapoorji Pallonji Ratings

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ICRA has downgraded long-term ratings assigned to diversified firm Shapoorji Pallonji’s Rs 18,500-crore fund-based and non-fund based bank facilities citing muted sales and weak performance of the ...
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