CARE assigns rating to Century Textiles & Industries’ NCDs

Credit rating agency, CARE has assigned ‘AA-’ rating to Century Textiles & Industries’ Long-term Non-Convertible Debentures worth Rs 100.00 crore. The company has received the said rating on the back of its 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.