Ipca Laboratories gets revision in ratings for bank facilities

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Capital Market
Last Updated : Jun 29 2016 | 4:13 PM IST

From CRISIL

Ipca Laboratories has received revision in ratings for the bank facilities aggregating Rs 1182.5 crore of the Company from CRISIL.

Long term rating - CRISIL AA-/ Stable (Downgraded from CRISIL AA/ Negative)

Rs 15 crore NCDs - CRISIL AA-/ Stable (Downgraded from CRISIL AA/ Negative)

Rs 50 crore Short term debt - CRISIL A1+ (Reaffirmed)

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First Published: Jun 29 2016 | 3:47 PM IST

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