ICRA has placed the LBBB- (pronounced L triple B minus) rating assigned to the Rs. 38 crore long term fund based facility and A3 (pronounced A three) rating assigned to the Rs. 95 crore short term fund based and non-fund based facilities of Tilaknagar Industries Limited (TIL) on notice of withdrawal for one year at the request of the company. As per ICRA's policy, the ratings will be withdrawn after one year from the date of this withdrawal notice.