CRISIL reaffirms rating of Nahar Spinning Mills Ltd

CRISIL vide its mail dated September 6, 2022 has announced that Nahar Spinning Mills Ltd's rating outlook on the long term bank facilities has been reaffirmed at 'CRISIL A / Stable' and for short-term to 'CRISIL A1'.

Further, CRISIL has also reaffirmed the Credit Rating on the Rs. 23.5 Crore Commercial Paper at 'CRISIL A1' which indicates very strong degree of safety regarding timely payment of financial obligations.

Source : Equity Bulls

Keywords

NaharSpinningMills RatingUpdate Reaffirmed