Tilaknagar Industries announced that CRISIL Ratings has
revised its outlook on the long-term bank facilities to 'Positive' from 'Stable' and reaffirmed its rating at 'CRISIL A-'. The revision in outlook is due to significant improvement in the financial risk profile, with progressive repayment of debt and healthy cash generation, making
the company net-debt free as on 30 September 2024.
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