Credit rating agency, CARE has assigned ‘BBB-’ rating to Tirupati Inks’ long-term bank facilities worth Rs 95 crore. The rating agency has also assigned ‘A3’ rating to the company’s short-term bank facilities worth Rs 104 crore.
The company has received the said ratings on the back of its experienced promoters and management team, consistent track record and growing presence in diverse range of products.
Tirupati Inks (TIL) manufactures printing inks like liquid inks, water-based inks and other allied products and has 13 distributors spread across India who directly purchase printing inks from TIL to provide packaging solutions to the customers.
