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Laurus Labs receives revision in credit ratings from CARE

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Capital Market
Laurus Labs has received revision in credit ratings from CARE as under:

Long term bank facilities (Rs 1930.64 crore) - CARE AA; Stable
Short term bank facilities (Rs 473.20 crore) - CARE A1+
Commercial paper (Rs 200 crore) - CARE A1+
Commercial paper carved out (Rs 100 crore) - CARE A1+

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First Published: Jun 25 2021 | 10:05 AM IST

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