Brickworks assigns ‘BB-’ rating for fund based term loan of Dwarikesh Sugar

Credit rating agency, Brickworks has assigned ‘BB-’ rating with stable outlook for fund based term loan of Dwarikesh Sugar Industries. Last year in November, ICRA had upgraded the fund based limits and long term funds rating of the company from ‘D’ to ‘B-’.

Dwarikesh Sugar Industries is an integrated conglomerate, primarily engaged in manufacture of sugar and allied products.