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Kallam Textiles gets upgradation in credit ratings

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From Brickwork Ratings (BWR)

Kallam Textiles announced that Brickwork Ratings (BWR) has upgraded the Company's ratings as under:

Brickwork Ratings has upgraded the Long Term Rating to BWR BBB (BWR Triple B) with a stable outlook from BWR BBB- (BWR Triple B Minus) with a stable outlook.

Brickwork Ratings has upgraded the rating for the short term bank facilities to BWR A3 + (BWR A Three Plus) from BWR A3 (BWR A Three) respectively.

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First Published: Sep 05 2018 | 10:39 AM IST

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