Suryaamba Spinning Mills gets affirmation of long term issuer rating

From India Ratings & Research

Suryaamba Spinning Mills announced that a long term issuer rating of 'IND BBB' affirmed by India Ratings & Research (A Fitch group Company) for credit facilities of the Company. The outlook is Stable.

Fund based working capital limit (Rs 21.5 crore) - IND BBB/Stable (Assigned)
Term loan (Rs 14.52 crore) - IND BBB/Stable (Assigned)
Non fund based working capital limit (Rs 4.23 crore - IND A3+ (Assigned)

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