Usha Martin receives upgrade in credit ratings

01 Aug 2024

Usha Martin receives upgrade in credit ratings

Usha Martin announced that India Ratings and Research has upgraded Long Term Rating (Bank Facilities) to “IND A+ /Stable” from existing “IND A/Positive”.

Further, they have also upgraded Short Term Credit Facilities rating (Non-fund based Working Capital limits & Commercial Paper programme) to “ IND A1+” from existing “IND A1”.

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