Garware Polyester receives reaffirmation in credit ratings

From CARE

Garware Polyester announced that CARE Ratings has reaffirmed the credit rating of Garware Polyester as CARE A and upgraded the outlook to positive from stable.

The long-term bank facilities Rs 369.81 crore (enhanced from Rs288.97 crore) is CARE A /-Positive. For Short term Bank Facilities (Rs 198.19 crore) the rating is CARE Al.

Powered by Capital Market - Live News