Company UpdateCredit Rating
CARE Upgrades Punjab Chemicals & Crop Protection Ltd bank facilities to A- with Stable Outlook
Rating Action Details
- Long Term Bank Facilities of ₹99.94 crore rated CARE A-; Stable.
- Long Term / Short Term Bank Facilities ₹60 crore rated CARE-A-; Stable / CARE A2+.
- ₹200 crore facility upgraded to CARE A-; Stable / CARE A2+ (from BBB+).
- Short Term Bank Facilities ₹55 crore upgraded to CARE A2+ (from A2).
- Outlook: Stable for long-term ratings; short-term outlook not specified.