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Sutlej Textiles and Industries gets upgrade in credit ratings

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Capital Market

From CARE

Sutlej Textiles and Industries announced that its ratings have been upgraded by Credit Analysis & Research (CARE) as under -

Long term bank facilities - CARE AA- (upgraded)

Short term bank facilities - CARE A+ (reaffirmed)

Long/ short term based facilities (fund based) - CARE AA-/CARE A1+

Commercial paper - CARE A1+

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First Published: Jul 02 2015 | 5:39 PM IST

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