Satia Industries announced that India Ratings and Research has revised the company's Outlook to Positive from Stable while affirming
its Long-Term Issuer Rating at 'IND A-'. The instrument-wise rating actions are as follows:
Term loans - IND A-/ Positive (affirmed; outlook revised from Stable)
Fund based bank facilities - IND A-/ Positive / IND A2+ (affirmed; outlook revised from Stable)
Non fund based bank facilities - IND A-/ Positive / IND A2+ (affirmed; outlook revised from Stable)
Term loans - IND A-/ Positive (assigned)
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