CRISIL has assigned A-/Stable rating to Orbit Exports’ Term Loan worth Rs 30.78 crore and Cash Credit worth Rs 23.50 crore. The rating agency has also assigned A2+ rating to company’s Foreign Exchange Forward worth Rs 2.55 crore and Bank Guarantee worth Rs 1.0 crore
Includes a sub limit of export packing credit / packing credit in foreign currency/ export bill discounting of Rs 21.0 crore
Orbit Exports, a company registered under the Indian Companies Act, 1956, is a government recognized Star Export House engaged in the manufacture and export of fancy fabrics.
