Credit rating agency, CARE has reaffirmed ‘A’ rating to Greenlam Industries’ long term bank facilities worth Rs 230.50 crore and ‘A1’ rating to company’s short term bank facilities worth Rs 255 crore. The rating agency has also assigned ‘A/ A1’ rating to the company’s Long/Short-term Bank Facilities worth Rs 30 crore.
The aforesaid ratings continues to derive strength from the experience of the promoters, long & satisfactory track record in the laminates industry, leadership position in the domestic organised laminate industry with continuously increasing presence in the export market, extensive distribution network & marketing support and satisfactory capacity utilization.
Greenlam is one of the leading laminate manufacturers and Asian market leader in decorative laminates. It is a decorative Laminates manufacturer which ensures superior design, quality, systems, and environmental commitment have been awarded the ISO 9001, ISO 14001, OHSAS 18001, GREENLABEL and GREENGUARD certifications.
| Company Name | CMP |
|---|---|
| Greenlam Industries | 224.30 |
| Stylam Industries | 2244.15 |
| Rushil Decor | 15.98 |
| Euro Pratik Sales | 251.55 |
| Alfa Ica (India) | 76.60 |
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