Banswara Syntex gets revision in credit ratings from bank facilities

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Capital Market
Last Updated : Oct 08 2018 | 4:50 PM IST

From CRISIL

Banswara Syntex announced that CRISIL has reviewed its ratings for the total Bank Loan facilities of the Company as under -

Long-Term Rating:- CRISIL BBB/Stable (Downgraded from CRISIL BBB+/Negative)
Short-Term Rating:- CRISIL A3+ (Downgraded from CRISIL A2)
Additionally, CRISIL Rating reaffirmed its 'FA-/Stable' on Rs. 20 crore Fixed Deposits of the Company.

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First Published: Oct 08 2018 | 4:19 PM IST

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