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CARE assigns ‘A1+’ rating to DCM Shriram Industries’ proposed issue of CP

16 Feb 2018 Evaluate

Credit Analysis & Research (CARE) has assigned ‘A1+’ rating to DCM Shriram Industries’ proposed issue of Commercial Paper (CP) to the tune of Rs 75 crore to be carved out of sanctioned working capital limits of the company. The rating indicates that such instruments carry lowest credit risks.

DCM Shriram Industries manufactures and sells sugar, alcohol, fine chemicals, and rayon tyrecords in India and internationally.


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