“Decisions are the hardest moves to make especially when it is a choice between what you want and what is right.”
The ethical way of doing business, giving preference to stakeholders’ interest, creating trust and transparency and respecting the law of the land are the fundamentals for building a sustainable business. And that is what Redington stands for and practices.
Redington’s upstanding business ethos lays a strong foundation for growth and success. Transparency, accountability and integrity are a way of life for every employee at the organisation. At Redington, we endeavour to focus our resources and strengths on maximising the value and upholding the trust of all our stakeholders, which includes vendors, partners and employees. We always aspire to implement the best corporate governance practices and move up the ladder to reach higher echelons of governance.
Rules are made for the benefit of the people, but the rule makers cannot envisage all possible situations that might surface. It is the role of the functionaries to analyse changing situations and apply rules dynamically. Redington has developed the most flexible and adaptive environment, leading to precise, agile and intact compliance of the statutory legislations.
Name of the agency | Type of instrument | Amount (Rs. Crore) | Rating | Outlook | Date |
---|---|---|---|---|---|
CRISIL | Bank Facilities | Rs.3000 Crore (Enhanced from Rs.1750 Crore) | CRISIL AA+/Stable (Reaffirmed) | Stable | 04/09/2023 |
Short-term and Commercial Paper | Rs.1900 Crore | CRISIL A1+ (Reaffirmed) | ---- | 04/09/2023 | |
ICRA Limited | Bank Facilities | Rs.3000 Crore (Enhanced from Rs.1750 Crore) | [ICRA] AA+ (Stable) (Reaffirmed) | Stable | 01/09/2023 |
Short-term and Commercial Paper | Rs.1900 Crore | [ICRA]A1+(Reaffirmed) | ---- | 01/09/2023 |