Rajshree Polypack Limited has informed the Exchange about Credit Rating
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Awaiting price reaction for this filing.
Rajshree Polypack Limited has informed the stock exchange that CRISIL Ratings has re-affirmed its total bank loan rating. Both the Cash Credit and Term Loan facilities have been re-affirmed at CRISIL BBB+ with a Stable outlook. A BBB+ rating is considered investment grade, indicating a low to moderate default risk. This is a continuation of the company's existing credit profile without any change.
Neutral for shareholders. The re-affirmation of BBB+/Stable rating signals consistent creditworthiness and no change in the company's borrowing cost outlook. No positive or negative trigger for the stock from this announcement.