Credit rating agency, CARE has assigned AA -rating to Century Textiles & Industries’ Long-term Non-Convertible Debentures worth Rs. 400.00 crore.
The rating derives strength from the parentage of the B. K. Birla group – one of the oldest and prominent business houses of India, CTIL’s well-established operations, its experienced management and diversified business profile.
Century Textiles & Industries has wide portfolio that manufactures yarn, denim, viscose filament rayon yarn, tyrecords, caustic soda, sulfuric acid, salt, cement and pulp & paper.
