Credit rating agency, CARE has revised the rating from ‘D’ to ‘B+’ for long term facilities of Ruchira Papers. The rating agency has also revised the ratings from ‘D’ to ‘A4’ assigned to short term facilities of the company.
Ruchira Papers incorporated in 1980 is engaged in manufacturing of Kraft Paper, which has applications in the packaging industry. The company is located in Himachal Pradesh.