Avanti Feeds receives affirmation in credit ratings

Avanti Feeds announced that India Ratings and Research has affirmed the credit ratings of the company and its subsidiary, Avanti Frozen Foods as under:

Avanti Feeds
Long term issuer rating - IND AA-/Stable (affirmed)
Long term fund based working capital facilities - IND AA-/Stable (affirmed)
Short term non-fund based working facilities - IND A1+ (affirmed)

Avanti Frozen Foods
Long term fund based working capital facilities - IND AA-/Stable (affirmed)
Short term non-fund based working facilities - IND A1+ (affirmed)

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