Sequent Scientific receives upgrade from India Ratings and Research

Sequent Scientific receives upgrade from India Ratings and Research

Oct 12, 2020 09:10 IST capital market

Sequent Scientific announced that India Ratings and Research has upgraded the companys long term issuer rating to IND A from IND A-while resolving the rating watch evolving (RWE). The outlook is positive. The instrument-wise rating actions are given below:

Fund Based Working Capital Limits - Long Term: IND A/Positive (Upgraded; Off RWE)

Non-Fund Based Working Capital Limits - Short Term: IND A1 (Upgraded; Off RWE)

Term loan - Long Term: IND A/Positive (Upgraded; Off RWE)

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