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Suryaamba Spinning Mills receives affirmation in ratings from India Ratings

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Capital Market
Suryaamba Spinning Mills announced that India Ratings and Research has affirmed the company's Long-Term Issuer Rating at 'IND BBB'. The Outlook is Stable. The instrument-wise rating actions are as follows:

Fund based limits - IND BBB/Stable (affirmed)
Term loan - IND BBB/Stable (affirmed)
Non fund based limit - IND A3+ (affirmed)

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First Published: Dec 26 2019 | 9:10 AM IST

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