Kopran has received upgrade in credit ratings from CRISIL for bank facilities aggregating Rs 98.5 crore as under:
Long term rating - CRISIL BBB+/ Stable (upgraded from CRISIL BBB/Positive)
Short term rating - CRISIL A2 (upgraded from CRISIL A3+)
The company's subsidiary Kopran Research Laboratories has also received upgrade in credit ratings for bank facilities aggregating Rs 63 crore as under:
Long term rating - CRISIL BBB+/ Stable (upgraded from CRISIL BBB/Positive)
Short term rating - CRISIL A2 (upgraded from CRISIL A3+)
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