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Clariant Chemicals (India) intimates of withdrawal of rating for bank facilities by CARE

Capital Market 

Clariant Chemicals (India) announced that on request of the company over non-availment of the proposed limits rated by CARE, CARE has agreed to withdraw the outstanding ratings of ''CARE AA+; Stable/CARE A1+ [Double A Plus; Outlook: Stable/A One Plus] assigned to the bank facilities of the Company with immediate effect.

CARE has also received NOC from the banks that have extended the facilities rated by CARE.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, January 31 2019. 12:22 IST