Emcure Pharmaceuticals receives upgrade in credit ratings for bank facilities

13 Aug 2024

Emcure Pharmaceuticals receives upgrade in credit ratings for bank facilities

Emcure Pharmaceuticals announced that CARE Ratings has upgraded the credit ratings assigned to bank facilities of the company as under:

Long term bank facilities (Rs 557.50 crore) - CARE AA-; Stable
Long term / short term bank facilities (Rs 1,286 crore) - CARE AA-; Stable/ CARE A1+
Short term bank facilities (Rs 114 crore) - CARE A1+

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