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IFB Agro Industries receives reaffirmation in credit ratings

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Capital Market

From India Ratings and Research

IFB Agro Industries announced that India Ratings and Research (Ind-Ra) has reaffirmed the company's Long-Term Issuer Rating at 'IND A+'. The outlook is Stable. The instrument-wise ratings action are as follows:

Cash credit - IND A+/Stable
Fund based limits - IND A+/ Stable/ IND A1+
Non fund based limits - IND A1+
Term loan - IND A1+/ Stable

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First Published: Nov 18 2021 | 2:08 PM IST

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