Kanco Tea & Industries announced that ICRA has reaffirmed the long-term rating for the captioned line of credit (LOC) at [ICRA]BB+ (pronounced ICRA double B plus) and the short-term rating for the captioned LOC at [ICRA]A4+ (pronounced ICRA A four plus). The outlook on the long-term rating has been revised from 'Stable' to 'Negative'.
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