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Incorporated in 1980, Nahar Spinning Mills Limited is engaged in the business of manufacturing cotton yarn/blended yarn and hosiery knitwears.
CRISIL reaffirmed Nahar Spinning Mills' ratings: 'CRISIL A/Stable' for long-term bank facilities (totaling Rs. 1508.40 Cr), and 'CRISIL A1' for short-term bank facilities and Rs. 23.5 Cr commercial paper. The outlook for long-term facilities remains Stable. All ratings were reaffirmed by CRISIL.