Paradeep Phosphates receives revision in credit ratings

Paradeep Phosphates has received revision in credit ratings from ICRA as under:

Long term rating (Rs 4,700 crore) - [ICRA]A; watch with developing implications

Short term rating (Rs 8,000 crore) - [ICRA]A1; watch with developing implications

Commercial paper (Rs 300 crore) - [ICRA]A1; watch with developing implications

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