India Ratings downgrades ratings for Pearl Polymers

Last Updated : Dec 13 2019 | 3:50 PM IST

Pearl Polymers announced that India Ratings & Research has downgraded the rating of the Company and the outlook is negative.

The instrument-wise rating actions are as follows:

Fund-based working capital limit - IND BB-/Negative/IND A4+ (Long term downgraded; short term reaffirmed)

Non-fund-based working capital limit IND BB-/Negative/ IND A4+ (Long term downgraded; short term rating affirmed)

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