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Mukand announced revision and withdrawal of ratings on various facilities

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From Brickwork Ratings

Mukand announced about revision/ downgrading and simultaneously withdrawal of credit ratings of various facilities of the Company as stated below:

Fund based (cash credit and term loan) - BWR B+; Stable (downgraded and withdrawn)
Fixed deposit - BWR FB+; Stable (downgraded and withdrawn)
Non fund based (LG/ BG) - BWR A4 (reaffirmed and withdrawn)

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First Published: Nov 21 2019 | 10:25 AM IST

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