Mukand receives revision in credit ratings

From Acuite Ratings & Research

Mukand has received revision in credit ratings from Acuite Ratings & Research as under:

Fixed Deposits (Long term) Rs 120.48 crore - ACUITE FA/ Outlook-Stable (Reaffirmed)
Fixed Deposit (Rated) Rs 60.00 crore - ACUITE FA/Outlook- Stable (Assigned)
Long Term Instrument (Bank Facilities) Rs 1000.48 crore - ACUITE BBB/ Outlook: Stable (Upgraded)
Short Term Rating Rs 185.00 crore - ACUITE A3+ / Outlook- Not applicable (Upgraded)

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