Credit rating agency, CARE has revised rating assigned to Ruchi Soya Industries’ long term bank facilities to ‘B’ from ‘BB+’. The credit rating agency has also revised company’s ratings in respect of short term bank facilities to ‘A4’ from ‘A4+’.
Ruchi Soya is India’s leading FMCG Company, India’s number one cooking oil and soy food maker and marketer. It is also the highest exporter of soya meal, lecithin and other food ingredients from India.