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CRISIL revises credit ratings of Jubilant Industries’ subsidiary JACPL

Jubilant Agri and Consumer Products changes the credit rating agency from India Ratings to CRISIL Ratings.

September 27, 2021 2:14 IST | India Infoline News Service
Jubilant Agri and Consumer Products Limited (JACPL), a wholly-owned material non-listed subsidiary of Jubilant Industries Limited (JIL) have changed the credit rating agency from India Ratings & Research Private Limited to CRISIL Ratings Limited.

Accordingly, CRISIL has revised the ratings of JACPL on long-term loans/facilities from IND BBB+/Stable to CRISIL A-/Positive.

At around 1.18 pm, Jubilant Industries Ltd was trading at Rs501.55 per piece up by Rs1.85 or 0.37% from its previous closing of Rs499.70 per piece on the BSE.

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