V-Guard Industries receives reaffirmation in credit ratings from ICRA

V-Guard Industries announced that ICRA has reaffirmed the credit ratings for the company's debt facilities as under:

Re-affirmed the Long-term credit rating for Rs. 344.87 Crore Line of Credit of the Company as "[ICRA] AA" (pronounced ICRA double A)
The outlook on the Long-term rating remains "Stable"
Re-affirmed the short-term rating for the Rs. 344.87 Crore Line of Credit as [ICRA]A1+ (pronounced ICRA A one plus)

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