The credit rating agency, CRISIL has reaffirmed ‘A (stable)’ rating assigned to Indo National’s long term bank facilities and ‘A1’ rating assigned to the company’s short term bank facilities. Total bank loan facilities rated are worth Rs. 36.68 crore, reflecting company’s established market position and brand in the domestic dry cell batteries industry.
Indo-National, formerly Nippo Batteries Co., is an India-based company. The Company markets various range of LED torch lights to cater to customer requirements.
