Gujarat Alkalies And Chemicals Limited has informed the Exchange that Credit Analysis & Research Ltd. (CARE) reaffirmed rating of :(i) Care AA [Double A] for Long Term Facilities of Rs.401.33 Crore for tenure of more than one year.(ii) Care A1+ [A One Plus] for Short Term Facilities of Rs.45.00 Crore for tenure up to one year; and (iii) Care A1+ [A one Plus] for Commercial Paper/ short term Debt Issue for an amount aggregating to Rs.100 Crore for a maturity not exceeding one year.