ICRA has revised and suspended the rating assigned to the Rs. 76.15 crore bank facilities of Archidply Industries Limited (AIL) from LB+ (pronounced L B plus) /A4 (Pronounced A four) to [ICRA] D (pronounced ICRA D). The revised ratings take into account the stretched liquidity position of the company and continued delays in debt servicing following cash flow mismatches. The suspension follows ICRA‘s inability to carry out a rating surveillance in the absence of the requisite information from the company. According to its suspension policy, ICRA may suspend any rating outstanding if in its opinion there is insufficient information to assess such rating during the surveillance exercise. ICRA will withdraw the rating in case it remains under suspension for a period of three years.