From CARE
Mafatlal Industries announced that CARE has revised the credit ratings of the company as follows -
Long term bank facilities (term loan) (Rs 67.50 crore) - CARE BBB-; Negative
Long term bank facilities (fund based facilities) (Rs 95 crore) - CARE BBB; Negative
Long / short term bank facilities - non fund based - LT/ST-BG/LC (Rs 37.50 crore) - CARE BBB-; Negative / CARE A3
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