Sundaram Brake Linings has informed that ICRA has reaffirmed the long term rating for the captioned line of credit at [ICRA] BBB+ (pronounced ICRA triple B plus) and short term rating for the aforementioned bank facilities at [ICRA] A2 (pronounced ICRA A two). It has also stated that the outlook on the long term rating is stable.
The above information is a part of company’s filings submitted to BSE.