Indian Card Clothing Company gets revision in credit ratings

From ICRA

Indian Card Clothing Company announced that ICRA, the Credit Rating Agency has reaffirmed the long-term rating of [ICRA]A- (pronounced ICRA A minus) and the short-term rating of [ICRA]A2+ (pronounced ICRA A two plus) in respect of Rs. 17.60 crore Line of Credit of the Company. The outlook on the long-term rating has been revised to 'Negative' from 'Stable'.

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