Rane Engine Valve intimates of withdrawal of credit ratings by ICRA

Rane Engine Valve announced that ICRA has withdrawn their ratings for the following debt instruments/ total Bank Loan facilities, of the Company:

a. Rating of ICRA BBB (Stable) assigned to overall long term facilities of Rs. 155.23 crore Banking facilities; and
b. Rating of ICRA A2 assigned to short term fund based facility of Rs. 4 crore

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