Credit rating agency, CARE has revised rating of Loyal Textile Mills’ bank facilities. The agency has revised long term bank facilities of the company from ‘BBB/Stable’ to ‘BBB+/Stable’ and reaffirmed the short term bank facilities as ‘A3+’.
Loyal Textile Mills provides a range of products and services to textile and apparel industries. It operates in three segments: yarn, cloth and garments.