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Gujarat Alkalies and Chemicals informs about credit rating

29 Oct 2015 Evaluate

Gujarat Alkalies and Chemicals has submitted copies of letters dated September 30, 2015 of Credit Analysis & Research (CARE), who has reviewed / reaffirmed following ratings: CARE AA+ for Long Term Bank Facilities of Rs. 481.43 Crore (enhanced from Rs 345.69 Crore); CARE A1+ for Short Term Bank Facilities of Rs 45.00 Crore; and CARE A1+ for Short Term Debt / Commercial Paper Issue for an amount aggregating to Rs 100 Crore for a maturity not exceeding one year.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Godrej Industries 1019.85
SRF 2422.20
BASF India 3310.55
Pidilite Inds. 1482.05
Tata Chemicals 637.20
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