Indian Sucrose Ltd Bank Facilities Receive Reaffirmed Ratings from Informatics Valuation
Indian Sucrose Ltd (ISL) received confirmation that Informatics Valuation and Rating Limited reaffirmed the ratings assigned to the company's bank facilities. The ratings were for both long term and short term facilities.The reaffirmed ratings cover a total amount of Rupees Two Hundred Crore only. For the long term bank facilities, the assigned rating is IVR BBB-/ with Stable Outlook, while the short term bank facilities hold a rating of IVRA3.A summary of the rated facilities and amounts is presented below:Instrument/ FacilitiesAmount (Rs. Crore)Rating AssignedRating ActionLong Term Bank Facilities180.59IVR BBB-/ with Stable OutlookRating...