Thiru Arooran Sugars has informed that the Credit Rating Agency, ICRA Limited has, vide their letter dated December 23,2015(received by the Company on December 28, 2015) revised the long term rating for the Line of Credit for Rs 331.51 crores (Fund based) sanctioned to the Company from (ICRA)BB (pronounced ICRA double B) with negative outlook to (ICRA)D (pronounced ICRA D); and the short term rating for the Line of Credit for Rs 7.67 crores (Non Fund based) sanctioned to the Company from (ICRA)A4 (pronounced ICRA A four) to (ICRA)D (pronounced ICRA D). The revised rating as above has been assigned on December 18, 2015.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Shree Renuka Sugar | 27.74 |
| Bajaj Hindusthan Sug | 18.29 |
| Triveni Engg. & Inds | 394.20 |
| Balrampur Chini Mill | 492.90 |
| Dalmia Bharat Sugar | 386.80 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: