News Announcement

Unichem Laboratories: Announcement under Regulation 30 (LODR)-Credit Rating

ICRA the credit rating agency has downgraded the long-term rating on the Rs. 176 crs bank facilities of the Company to [ICRA] A- (Stable) (pronounced ICRA A minus with a Stable outlook). This rating indicates have adequate degree of safety regarding timely servicing of financial obligations. Such instruments carry low credit risk.

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