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CRISIL has upgraded Mangalam Organics' bank facilities of ₹397 Crore. Long-term rating improved to CRISIL BBB+/Stable.
Mangalam Organics Limited announced that CRISIL Ratings has reaffirmed the credit ratings for its bank facilities totaling ₹397 Crore. The long-term rating remains 'CRISIL BBB+' and the short-term rating is 'CRISIL A2', both continuing on 'Rating Watch with Developing Implications'.