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India Ratings revises rating assigned to bank facilities of Shree Renuka Sugars

04 Jul 2014 Evaluate

Credit rating agency, India Ratings & Research has revised the rating for Shree Renuka Sugars’ Long Term Debt and Non Convertible Debentures (NCDs) from ‘A+’ to ‘A’.

Shree Renuka Sugars operates 11 sugar mills in India and Brazil with a total crushing capacity of 20.7 million tonnes per annum and two port-based refineries with sugar production capacity of 1.7 million tonnes per year.

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