Punjab Alkalies & Chemicals receives revision in credit ratings from CARE

Punjab Alkalies & Chemicals announced that CARE Ratings has assigned the following ratings to company's credit facilities aggregating Rs 117.51 crores under:

Long term bank facilities (Rs 97.51 crore) - CARE BBB- ; credit watch with developing implications.

Long term / Short term bank facilities (Rs 20 crore) - CARE BBB-; credit watch with developing implications / CARE A3

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