News Announcement

Acknit Industries: Announcement under Regulation 30 (LODR)-Credit Rating

This is to inform you that ICRA has reaffirmed the long term rating at [ICRA] BBB- (pronounced ICRA triple B minus) for the existing line of credit (i.e. Rs.57.65 crores). The outlook on the long-term rating is stable.
ICRA has also reaffirmed the short-term rating at [ICRA] A3 (pronounced ICRA A three) for the existing line of credit (i.e. Rs.10.40 Crores).
The aforesaid rating is valid till December 31 2020.

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