NILE gets revision in credit ratings from India Ratings & Research

NILE gets revision in credit ratings from India Ratings & Research

Aug 29, 2019 05:08 IST capital market

NILE announced that India Ratings and Research (Ind-Ra) has revised the companys Outlook to Negative from Stable while affirming its Long-Term Issuer Rating at IND A-. The instrument-wise rating actions are as follows:

Fund-based working capital Facilities - IND A-/ Negative
Non fund based working capital facilities - IND A2+

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