09-Jul-2020
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Premier Explosives
We wish to inform you that ICRA Limited has revised the credit rating outlook for Line of Credit (LOC) of the Company as given below which is valid till December 19 2020.
(i) Rating on long term at [ICRA][A-](Stable) revised to [ICRA][A-] (Negative)
(ii) Rating on short term at [ICRA][A2+] continues without any revision
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