Credit rating agency, India Ratings and Research has upgraded long term issuer rating of West Coast Paper Mills to ‘A+’ from ‘A’ with stable outlook. The rating agency has also upgraded rating of the company’s long term bank facilities to ‘A+’ from ‘A’ with stable outlook and short term rating to ‘A1+’ from ‘A1’.
The company is engaged in manufacturing paper, paperboard and coated duplex board. The company is flagship company of Kolkata based- SK Bangur Group.