Indian Acrylics has informed that Infomerics Valuation and Rating (Infomerics) has revised the credit rating for the credit facilities availed by the Company for the Long-term Rating from IVR BB+ to IVR D (Single D) and for Short-term Rating from IVR A4+ to IVR D (Single D) on Bank loans and facilities of Indian Acrylics.
The above information is a part of company’s filings submitted to BSE.