Network18 Media & Investments Limited has reaffirmed its short-term credit ratings with ICRA Limited.

The ratings include a reaffirmation of A1+ for ₹2,250 crore commercial paper and ₹1,195 crore working capital demand loan, while a new A1+ rating has been assigned for ₹55 crore in short-term non-fund-based facilities.

An unallocated short-term amount also received an A1+ reaffirmation.

Please refer to the entire announcement for further financial details.