Andrew Yule & Company announced that Acuité Ratings and Research has upgraded the long-term rating from ‘ACUITÉ C' (read as ACUITÉ C) to 'ACUITÉ B' (read as ACUITÉ B) on the Rs. 28.26 crore bank facilities of Andrew Yule & Co. Ltd. (AYCL) and reaffirmed the short-term rating of
‘ACUITÉ A4' (read as ACUITÉ A Four) on the Rs. 38.10 crore bank facilities of AYCL. The outlook is ‘Stable'.
Acuite has assigned the long-term rating of 'ACUITÉ B' (read as ACUITÉ B) on the Rs. 86.38 crore bank facilities of AYCL and the short-term rating of 'ACUITÉ A4' (read as ACUITÉ A Four) on the Rs. 2.26 crore bank facilities of AYCL. The outlook is ‘Stable'.