Thangamayil Jewellery receives upgrade in credit ratings


Mar 25, 2021 03:03 IST capital market

Thangamayil Jewellery has received upgrade in credit ratings for bank facilities and fixed deposit programme of the company as follows:

Long term bank limits - ICRA A- (upgraded from ICRA BBB+)
Short term bank limits - ICRA A2+ (upgraded from ICRA A2)
Fixed deposit programme - MA+ (upgraded from MA-)

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