Polyplex Corporation has received affirmation in credit ratings from India Ratings and Research as under:
Long term loans (Rs 56.25 crore) – IND AA-/ Positive (rating affirmed, outlook revised to Positive from Stable)
Fund based working capital limits (Rs 22.20 crore)- IND AA-/ Positive/ IND A1+ (rating affirmed, outlook revised to Positive from Stable)
Non fund based working capital limits (Rs 30 crore) – IND AA-/Positive/ IND A1+ (rating affirmed, outlook revised to Positive from Stable)
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