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Sintex Industries gets ratings upgrade for LT bank facilities

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From CARE

Sintex Industries announced that Credit Analysis and Research (CARE) has assigned upgraded rating "CARE AA +"(Double A Plus) from "CARE AA" (Double A) to the Long Term bank facilities and Non- convertible Debentures of the Company, indicating the high degree of safety regarding timely servicing of financial obligations and re-affirmed Short Term Debt / Commercial Paper rating of "CARE A1+" indicating very strong degree of safety regarding timely payment of financial obligation.

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First Published: Jun 09 2015 | 6:12 PM IST

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