Suryaamba Spinning Mills receives affirmation in ratings from India Ratings

Suryaamba Spinning Mills receives affirmation in ratings from India Ratings

Dec 26, 2019 09:12 IST capital market

Suryaamba Spinning Mills announced that India Ratings and Research has affirmed the companys Long-Term Issuer Rating at IND BBB. The Outlook is Stable. The instrument-wise rating actions are as follows:

Fund based limits - IND BBB/Stable (affirmed)
Term loan - IND BBB/Stable (affirmed)
Non fund based limit - IND A3+ (affirmed)

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