Rasoya Proteins has informed that Credit Rating Agency, CARE has revised the rating from CARE BB+ to CARE BBB- assigned to the Long term Bank facilities of the Company and has revised the rating from CARE A4 to CARE A3 assigned to the short term Bank Facilities of the company.
Rasoya Proteins Ltd has informed BSE that Credit Rating Agency, CARE has revised the rating from CARE BB+ (Double B Plus) to CARE BBB- (Triple B Minus) assigned to the Long term Bank facilities of the Company and has revised the rating from CARE A4 (A Four) to CARE A3 (A Three) assigned to the short term Bank Facilities of the company indicating moderate degree of safety regarding timely servicing of financial obligations. The Company has submitted to BSE the copy of letter issued by the CARE.Source : BSE
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