S Chand & Company gets revision in credit ratings

From CARE Ratings

S Chand & Company announced that CARE Rating has upgraded the credit rating of the Company to CARE AA-; Stable (Double A Minus; Outlook: Stable) for Long Term Bank facilities (Revised from CARE A+ [Single A Plus]) and upgraded to CARE A1+ [A One Plus] for Short Term Bank facilities (Revised from CARE A1 [A One]) and assigned CARE A1+ [A One Plus] rating for proposed commercial paper issue of Rs. 20.00 crores.

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