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Nahar Spinning Mills receives revision in credit ratings from CRISIL

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Capital Market
Nahar Spinning Mills announced that CRISIL has upgraded the ratings outlook on the long term bank facilities to CRISIL A/Stable from CRISIL A-/Stable and on the short term bank facilities to CRISIL A1 from CRISIL A2+.

Further, the rating on the 23.5 crore commercial paper has been upgraded to CRISIL A1 from CRISIL A2+.

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First Published: Sep 25 2021 | 1:14 PM IST

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