Indoco Remedies receives revision in credit ratings

From ICRA

Indoco Remedies announced that ICRA has upgraded the Long term rating to [ICRA] AA- (pronounced ICRA Double A minus) from [ICRA]A+ (pronounced ICRA A plus). The outlook on the long-term rating is Stable.

The Short term rating has been revised to [ICRA] A1+ (pronounced ICRA A one plus) from [ICRA]A1 (pronounced ICRA A One).

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