Kalpataru said Crisil Ratings cut its long-term bank facility rating to Crisil BBB/Stable from Crisil BBB+/Stable.
The report does not say why the rating was cut or what it means for the company’s borrowing costs. It is also not stated whether anything else changed.
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Publisher's headline: “Crisil Ratings downgrades ratings of Kalpataru to 'BBB' with 'stable' outlook”
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