Astec Lifesciences gets revision in credit ratings

From ICRA

Astec Lifesciences announced that ICRA has upgraded the credit rating assigned earlier to the Company's Commercial Paper Programme size of Rs.50 Crore (Rupees Fifty Crore Only) to '[ICRA] A1+ (pronounced as ICRA A one plus)' from '[ICRA] A1 (pronounced as ICRA A one)' and ICRA has also assigned fresh credit rating '[ICRA] A1+ (pronounced as ICRA A one plus)' to the Company's additional Commercial Paper Programme size of Rs.50 Crore (Rupees Fifty Crore Only).

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