Credit rating agency -- CARE has upgraded rating of Stylam Industries’ long-term bank facilities to ‘A’ with Stable outlook from ‘A-’ with Positive outlook. The agency has also upgraded rating on short term bank facilities to ‘A2+’ from ‘A2’.
Stylam Industries initially engaged in the manufacture of luxury grade decorative laminated sheets for both home and industry use, has now started manufacturing industrial as well as advanced grade laminates i.e. Postforming and Antistatic laminates under the brand name ‘Stylam’.