Graphite India receives ratings action from ICRA

Graphite India announced that ICRA has on enhanced credit limit of Rs. 1400 crore (Rs. 1000 crore earlier) for working capital facilities of the Company, reaffirmed the long term rating at [ICRA] AA+ (pronounced ICRA double A plus) and short term rating at [ICRA] A1+ (pronounced ICRA A one plus). The outlook on the long-term rating has also been retained as Stable.

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