Credit rating agency – CRISIL has assigned rating to Damodar Industries’ long term facilities at ‘BB+’/Stable and short term facilities at ‘A4+’. As per rating agreement, CRISIL Ratings would disseminate the ratings, along with the outlook, through its publications and other media, and keep the ratings, along with the outlook, under surveillance over the life of the instrument/facility. CRISIL Ratings reserves the right to withdraw, or revise the ratings, along with the outlook, at any time, on the basis of new information, or unavailability of information, or other circumstances which CRISIL Ratings believes may have an impact on the ratings.
Damodar Industries has a completely integrated and advanced production line for manufacturing fancy and speciality yarns. The company is engaged in spinning, draw-texturising, air-texturising, fancy doubling and yarn dyeing.
