Century Plyboards (India) announced that ICRA has reaffirmed [ICRA] A1+ (pronounced ICRA A one plus) rating for the Company in respect of short term credit facilities and [ICRA]AA- (pronounced ICRA double A minus) in respect of long term credit facilities. The outlook on the long-term rating has been revised from Stable to Positive. ICRA has also reaffirmed [ICRA] Al+ (pronounced ICRA A one plus) rating for Commercial Paper (CP) programme of the Company.
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