Mahindra Logistics gets reaffirmation in long term ratings

From ICRA

Mahindra Logistics announced that ICRA has reaffirmed the long-term rating of [ICRA]AA and the short-term rating of [ICRA]A1+ assigned to the Line of Credit (LOC) facility of Rs. 55 crore. The outlook on long-term rating is stable. ICRA has also assigned short-term rating of [ICRA]A1+ to the additional LOC (non-fund based) of Rs. 10 crore.

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