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Aarvee Denims & Exports gets ratings assigned for various debts and deposit programme

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Capital Market

From Aarvee Denims & Exports

Aarvee Denims & Exports announced that Brickwork Ratings India has assigned ratings to the Company's various debt and deposit programme as follows -

Cash credit and Pres Shipment Financing (Rs 188 crore and Rs 59 crore respectively) -- BWR A-

Letter of Credit (Rs 43 crore) -- BWR A2+

Deposit (Rs 60 crore) -- IND -tA-

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First Published: Oct 12 2015 | 8:33 PM IST

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