Mumbai, Dec 28: Credit rating agency, ICRA has upgraded long term rating of Relaxo Footwears to 'AA-' with
stable outlook from 'A+' with positive outlook for Rs 201.67 crore
for Term Loans and Fund based facilities.
Besides, the rating agency has reaffirmed short
term rating of 'A1+' for Rs 120 crore for Non Fund based facilities
of the company. The agency has also reaffirmed short term rating for
Commercial Paper (CP) of the company as 'A1+' for Rs 50 crore.Relaxo Footwears is engaged in the manufacturing and trading of footwear and related products. UNI
Post A Comment:
0 comments so far,add yours