Finolex Industries Ltd

📈 Finolex Industries Maintains Strong Credit Ratings

- India Ratings affirmed Finolex Industries' credit rating: IND AA+/Stable (long-term) and IND A1+ (short-term)

- Total rated bank loan facilities: ₹19,163 million

- Previous total was ₹22,057.5 million

- Reduction due to withdrawal of ₹2,894.5 million in proposed fund-based and non-fund-based working capital limits

- Ratings maintained across multiple banks including ICICI Bank, HDFC Bank, and Axis Bank