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CARE suspends rating assigned to bank facilities of Arvind Remedies

30 Mar 2012 Evaluate

CARE has suspended, with immediate effect, the ratings assigned to the bank facilities of Arvind Remedies. The ratings have been suspended as the company has not furnished the information required by CARE for surveillance of the rating.

Arvind Remedies is engaged in manufacturing of pharmaceutical formulations such as tablets, capsules (including soft gels), ointments and liquids. It has a manufacturing facility at Kakkalur in Tamil Nadu.

Peers
Company Name CMP
Sun Pharma. Inds. 1853.50
Dr. Reddys Labs. 1202.80
Cipla 1397.20
Lupin 2090.00
Zydus Lifesciences 1202.00
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