CRISIL Reaffirms Ratings for Plastiblends India's Bank Loan Facilities

CRISIL Reaffirms Ratings for Plastiblends India's Bank Loan Facilities

CRISIL Reaffirms Ratings for Plastiblends India's Bank Loan Facilities​

CRISIL Ratings Limited has reaffirmed the ratings assigned to the bank loan facilities of Plastiblends India, confirming the company's standing regarding its debt instruments.

The rating affirmation covers a total of Rs. 96 Crore in bank loan facilities for the company. According to the ratings issued by CRISIL, both the long-term and short-term components have been reaffirmed.

The detailed ratings assigned by CRISIL are presented as follows:

Total Bank Loan Facilities RatedRs. 96 Crore
Long Term RatingCRISIL A+/Stable (Reaffirmed)
Short Term RatingCRISIL A1 (Reaffirmed)

The ratings reflect the status of Plastiblends India's debt instruments, as assessed by CRISIL Ratings.

PLASTIBLEN Stock Price Movement​

Plastiblends India Limited shares shed 0.26% today, settling at ₹173.00 after trading in the post-market session. The equity moved within an intraday range, touching a low of ₹172.10 and a high of ₹174.47 during the day.
 

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