Credit rating agency, India Rating & Research (Fitch Group) has revised the credit rating assigned to bank facilities of Sree Rayalaseema Alkalies & Allied Chemicals. The credit rating agency has improved credit rating from ‘BBB-’ to ‘BBB+’ for long term loan facilities and for short term fund based facilities, the credit rating improved from ‘A3’ to ‘BBB+’ of the company.
Sree Rayalaseema Alkalies & Allied Chemicals is a leading producer of Chlor-Alkali products. The company also manufactures Castor Derivatives and Fatty Acids.
