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ICRA reaffirms rating of Indag Rubber’s bank facilities

25 Jul 2017 Evaluate

Credit rating agency, ICRA has re-affirmed Indag Rubber’s long term rating of ‘A+’ on the Rs 8 crore long term fund based and also re-affirmed a short term rating of ‘A1+’ on the Rs 47 crore (including Rs 2 crore unallocated limits) non fund based facilities. The outlook on the long term rating has been revised from ‘Stable’ to ‘Negative’.

Indag Rubber is a tread manufacturing company. The company is engaged in the manufacturing of the Precured Tread Rubber, Bonding Repair and Extrusion Gum, and Rubber Cement, which are used for retreading of tires.

Indag Rubber Share Price

94.82 0.32 (0.34%)
17-Apr-2026 16:59 View Price Chart
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