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Ponni Sugars (Erode) gets revision in credit ratings

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Capital Market

From CARE

Ponni Sugars (Erode) announced that CARE has revised the ratings for bank facilities availed by the company as under -

Long term bank facilities - CARE BBB/Stable (Revised from BBB-/Stable)
Short term bank facilities - CARE A3+ (Revised from A3)
Long term / short term bank facilities - CARE BBB-/Stable/ CARE A3+ (Revised from CARE BBB-/ Stable/CARE A3)

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First Published: Nov 24 2017 | 3:03 PM IST

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