CARE ratings have assigned ‘A+’ ratings to the company’s new long-term bank facilities worth Rs2 crore, whereas, the rating for existing long-term facilities worth Rs120.59 crore has been upgraded from ‘A’ to ‘A+’ and the outlook is assigned as Stable.
Short-term bank facilities of the company worth Rs25 crore are assigned an ‘A1’ rating by the rating agency.
Total bank facilities considered for review by CARE stood at Rs147.59 crore.
Tarsons is a leading manufacturer of disposable plastic labware, centrifuge ware, cryo labware, tissue culture ware, liquid handling system, etc.
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