CRISIL has reaffirmed 'CRISIL D' ratings on the bank facilities and commercial paper programme of 3i Infotech. The rating continue to reflect delays by 3i Infotech in servicing its debt as per the corporate debt restructuring (CDR) scheme approved by the CDR Empowered Group on Mar. 16, 2012.

For arriving at the ratings, CRISIL has combined the business and financial risk profiles of 3i Infotech and all its subsidiaries, held directly and indirectly, as all the companies share a common management and are in the same line of business.

Shares of the company declined Rs 0.08, or 1%, to trade at  Rs 7.92.  The total volume of shares traded  was  175,632 at the BSE (1.41 p.m., Friday).