Gabriel India has announced that Crisil has withdrawn the 'FAA+/Stable' rating on the fixed deposit programme of the company. The withdrawal was done at Gabriel's request since no amount outstanding against the said instrument.
However, CRISIL reaffirmed the debt instruments/bank facilities of the company.
The long-term rating of Rs100cr bank facilities of the company is reaffirmed at 'CRISIL AA/Stable'.
On Sensex, Gabriel finished at Rs128.20 per piece up by 1.4%.
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