Sundaram Multi Pap Limited — Credit Ratings, 25-08-2025: Credit Rating

CRISIL Ratings has withdrawn the 'CRISIL BB-/Stable' rating for Sundaram Multi Pap's Rs. 40 Cr bank facilities. This action follows the company's request for withdrawal after submitting "no-dues" and "no-objection" certificates from banks, suggesting these facilities are cleared. CRISIL's rating status was "Issuer Not Cooperating" as no updated information was provided during this withdrawal process.