Andrew Yule & Company announced that Acuit' Ratings and Research has upgraded the long-term rating from 'ACUIT' C' (read as ACUIT' C) to 'ACUIT' B' (read as ACUIT' B) on the Rs. 28.26 crore bank facilities of Andrew Yule & Co. Ltd. (AYCL) and reaffirmed the short-term rating of 'ACUIT' A4' (read as ACUIT' A Four) on the Rs. 38.10 crore bank facilities of AYCL. The outlook is 'Stable'.
Acuite has assigned the long-term rating of 'ACUIT' B' (read as ACUIT' B) on the Rs. 86.38 crore bank facilities of AYCL and the short-term rating of 'ACUIT' A4' (read as ACUIT' A Four) on the Rs. 2.26 crore bank facilities of AYCL. The outlook is 'Stable'.
