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GMM Pfaudler receives reaffirmation in ratings for bank loan facilities

GMM Pfaudler announced that CRISIL has removed the Ratings from Watch with Developing Implications . It has reaffirmed the rating of the bank facilities/debt instruments of the Company and assigned an outlook to the long -term rating as under: Total Bank Loan Facilities Rated Rs. 200 crore (enhanced from Rs. 100 crore) Long Term Rating - CRISIL AA-/ Stable Short Term Rating - CRISIL A1+ Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain

ICRA upgrades credit rating of Rama Phosphates Ltd

ICRA upgrades credit rating of Rama Phosphates Ltd
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CRISIL reaffirms ratings of The Supreme Industries Ltd

CRISIL reaffirms ratings of The Supreme Industries Ltd Posted On: 2021-04-06 20:19:32 (Time Zone: Arizona, USA) CRISIL, an S&P Global Company ( Rating Agency ) vide its letter dated 5th April, 2021, informed revision in Credit Rating as under: Total Bank Loan Facilities Rated - Rs 1445.9 Crore Long-Term Rating - CRISIL AA/Positive (Outlook revised from Stable and rating reaffirmed) Short-Term Rating - CRISIL A1+ (reaffirmed) Rs 200 crore commercial paper - CRISIL A1+ (reaffirmed) Shares of SUPREME INDUSTRIES LTD. was last trading in BSE at Rs.1980.9 as compared to the previous close of Rs. 2008.4. The total number of shares traded during the day was 1299 in over 239 trades.

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