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(06 Apr 2024, 14:03)

Andhra Paper receives ratings action from India Ratings and Research


Andhra Paper has received credit ratings from India Ratings and Research as under:

Term loans (Rs 200 crore) - IND AA; Stable (affirmed)
Term loans (Rs 100 crore) - IND AA; Stable (assigned)
Proposed bank facilities (Rs 150 crore) - IND AA; Stable/ IND A1+ (assigned)

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