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Thangamayil Jewellery receives upgrade in credit ratings

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Capital Market

From ICRA

Thangamayil Jewellery has received upgrade in credit ratings for bank facilities and fixed deposit programme of the company as follows:

Long term bank limits - ICRA A- (upgraded from ICRA BBB+)
Short term bank limits - ICRA A2+ (upgraded from ICRA A2)
Fixed deposit programme - MA+ (upgraded from MA-)

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First Published: Mar 25 2021 | 3:59 PM IST

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