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
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