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Torrent Pharmaceuticals receives affirmation in credit ratings

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Capital Market

From India Ratings and Research

Torrent Pharmaceuticals announced that India Ratings and Research has revised outlook to 'Positive' from 'Stable', and affirmed long term issuer rating at IND AA. The instrument wise rating actions are as follows:

Term loan - IND AA; Positive
Non convertible debentures - IND AA; Positive

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First Published: May 06 2021 | 7:35 PM IST

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