Shree Renuka Sugars has received revision in credit ratings from India Ratings and Research as under:
Fund based / non fund based working capital limits (Rs 780 crore) - IND A; Stable / IND A1 (long term rating upgraded; short term rating affirmed)
Non convertible debentures (Rs 200.9 crore) - IND A; Stable (upgraded)
Proposed non convertible debentures (Rs 285 crore) - IND A; Stable (assigned)
Short term loans (Rs 400 crore) - IND A1 (affirmed)
Term loans (Rs 626.5 crore) - IND A; Stable (upgraded)
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