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Sonata Software receives affirmation in credit ratings

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Capital Market

From India Ratings and Research

Sonata Software announced that India Ratings & Research has affirmed the Company's Credit Rating at IND AA-. The instrument-wise rating actions are as follows:

Fund-based working capital limits (Rs 101.5 crore) - IND AA-/Stable/ IND A1+ (Long-term rating affirmed; short-term rating assigned)

Non-fund-based working capital limits (Rs 113 crore) - IND AA-/Stable/ IND A1+ (Long-term rating assigned; short- term rating affirmed)

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First Published: Mar 13 2023 | 4:34 PM IST

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