Credit rating agency, Crisil has upgraded the credit rating of 20 Microns’ Long Term Bank Facilities from ‘BB/Stable’ to ‘BB+/Stable’ for Rs 175 crore Bank Loan. The rating agency has also reaffirmed the credit rating of Short Term Bank Facilities to ‘A4+’.
20 Microns is the largest producer of white minerals in India. The company’s products are used in areas such as paints, coating and printing ink, adhesives, plastics, ceramic, sealants and paper.
| Company Name | CMP |
|---|---|
| Coal India | 433.15 |
| NMDC | 88.30 |
| GMDC | 671.50 |
| Sandur Manganese | 212.00 |
| MOIL | 314.20 |
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