Sutlej Textiles and Industries announced that India Ratings and Research has assigned long term issuer rating of IND A+ and commercial paper rating of IND A1+ to the company.
The instrument-wise ratings action are as follows:
Term loan – IND A+/ Stable
Fund based working capital limits – IND A+/ Stable / IND A1+
Non fund based working capital limits – IND A+/ Stable / IND A1+
Commercial paper – IND A1+
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