V-Guard Industries receives reaffirmation in credit ratings

V-Guard Industries receives reaffirmation in credit ratings from ICRA


V-Guard Industries announced that ICRA has revised the credit ratings for the company as under:
Re-affirmed the Long-term credit rating for Rs. 344.87 Crore Line of Credit of the Company as "[ICRA] AA" (pronounced ICRA double A) The outlook on the Long-term rating remains "Stable" Re-affirmed the short-term rating for the Rs. 344.87 Crore Line of Credit as "[ICRA]A1+" (pronounced ICRA A one plus)
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