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UPL receives upgrade in credit outlook from Fitch

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Capital Market
UPL has secured an upgrade of its Credit outlook by Fitch Ratings to Stable. Fitch also confirmed that UPL retains its Investment Grade credit rating, with the long-term issuer default rating (IDR) affirmed at 'BBB-' for UPL's flagship subsidiary UPL Corporation. The rating for UPL Corporation is based on the consolidated profile of the UPL group.

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First Published: Jun 03 2021 | 9:18 AM IST

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