From India Ratings & Research
India Glycols announced that India Ratings & Research (Ind-Ra) has upgraded the Company's Long-term Issuer Rating to 'IND A-' from 'IND BBB+' and the Outlook is stable. The instrument-wise ratings are as follows:
Fund-based Limit - IND A-/Stable/IND A2+ (Upgraded)
Non Fund based Limit - IND A2+ (Upgraded)
Term Loan - IND A-/Stable (Upgraded)
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