Essel Propack gets ratings assigned for bank facilities and NCDs

From CARE

Essel Propack announced that the rating agency CARE Ratings has revised the ratings assigned to the Company's:

(a) Long term Bank facilities and the Non-convertible Debentures from CARE A (Single A) to CARE AA- (Double A Minus), and

(b) Short term Bank facilities from CARE A2+ (A Two Plus) to CARE A1+ (A One Plus).

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