Relaxo Footwears receives ratings action from ICRA

4 Dec 2022 , 01:35 AM

Relaxo Footwears announced that ICRA has taken the following ratings action as under a Retained Long term rating of Rs 14000 crore on Fund based facilities of the Company at [ICRA] AA pronounced as ICRA double A The outlook on the long term rating has been revised to Stable from Positive b Retained Short term rating of Rs 12000 crore on Non fund based facilities of the Company at [ICRA]A1 pronounced as ICRA A One Plus