Credit Rating
Kanoria Chemicals & Industries Ltd has informed BSE that Credit Analysis & Research Ltd. (CARE) has revised the credit rating for the long term bank facilities of the Company to CARE A+ (Single A Plus) from the existing rating of CARE AA- (Double A Minus). A copy of the Press Release issued by CARE in this regard is attached herewith.The existing credit ratings for the short term bank facilities and Commercial Paper have been reaffirmed as CARE A1+ (A One Plus).04-02-2017