From ICRA
Surya Roshni announced that ICRA has assigned ICRA Al+(SO) for Rs. 25 crore (Aggregating to Rs. 350 crore) Commercial paper program of the company on the credit enhancement in the form of stand by letter of Credit (SBLC) issued by its bankers.For arriving at the aforesaid rating, ICRA has combined the business and financial risk profiles of Surya Roshni (SRL) and its merged erstwhile -Surya Global Steel Tubes (e-SGSTL)
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