Credit rating agency, CARE has reaffirmed ‘BBB-’ rating to BSL’s long term bank facilities worth Rs 117.89 crore with Enhanced from Rs.112.33 crore and ‘A3’ rating to company’s Short term Bank Facilities worth Rs 107.00 crore with Enhanced from Rs.92.00 crore
The ratings of BSL continue to take into account its experienced management and integrated textile operations, its diversified product range and client base and moderate financial position as on March 31, 2013.
BSL is one of the leading manufacturers of fashion fabrics and yarns in India. It produces a wide range of polyester viscose fabrics and premium range of worsted suitings, including Cashmere, Mohair, Angora and Camelhair blends.
