Fairchem Organics receives upgrade in credit ratings from CARE

Fairchem Organics has received upgrade in credit ratings from CARE Ratings as under:

For Longterm Bank Facilities: Rs. 74.64 crore Revised from 'CARE A; Stable' to 'CARE A+; Stable (Single A Plus; Outlook stable)'

For Long - term/Short - term Bank Facilities: Rs. 2.50 crores from ' CARE A; Stable / CARE A1' to 'CARE A+ ; Stable / CARE A1+ (Single A Plus; Outlook: Stable / A One Plus).

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