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Relaxo Footwears receives reaffirmation in credit ratings from ICRA

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Capital Market
Last Updated : Jun 30 2021 | 6:51 PM IST
Relaxo Footwears announced that ICRA has retained long term rating of Rs. 140.00 crore on Fund based facilities of the Company at [ICRA] AA (pronounced as ICRA double A). The outlook on the long term rating has been revised to "Positive" from Stable. ICRA also retained short term rating of Rs. 120.00 crore on Non fund based facilities of the Company at [ICRA]A 1 + (pronounced as ICRA A One Plus).

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First Published: Jun 30 2021 | 6:25 PM IST

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