Orient Paper & Industries has informed that in continuation of letter dated 8th September, 2020, the Care Ratings has revised long term credit rating of the Company to CARE A+ (Outlook: Stable) from CARE AA- (Outlook: Stable) on the basis of recent developments including operational and financial performance of the Company for FY 20 (audited) and Q1 FY 21 (un-audited). However, the short-term credit rating is maintained as CARE A1+. The information is also being made available on the website of the company, www.orientpaperindia.com
The above information is a part of company’s filings submitted to BSE.
