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IOL Chemicals & Pharmaceuticals gets revision in ratings for bank facilities

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Capital Market
Last Updated : Jan 04 2017 | 3:28 PM IST

From CARE

IOL Chemicals & Pharmaceuticals announced that Credit Analysis & Research (CARE) has revised the credit rating for Long term Bank Facilities to 'CARE BB; Stable' (Double B; Outlook: Stable) from 'CARE BB-' (Double B Minus) and reaffirmed the credit rating for Short term Bank Facilities to 'CARE A4' (A Four).

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First Published: Jan 04 2017 | 3:01 PM IST

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