From ICRA
Nandan Denim announced that ICRA has upgraded the rating for various facilities of the Company -
Term loan - ICRA A (Upgraded from ICRA A-)
Cash Credit / EPC/ FBD - ICRA A / A1 (Upgraded from ICRA A-/ A2+)
Letter of credit/ Bank Guarantee/ Forward Contract - ICRA A1 (Upgraded from ICRA A2+)
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