- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
CRISIL Ratings has upgraded Belrise Industries' long-term rating to 'Crisil AA-/Stable' (from 'Crisil A/Positive') and short-term rating to 'Crisil A1+' for its bank facilities (Rs 3211 Cr) and NCDs (Rs 140 Cr). This reflects improved financials, as Rs 2,150 Cr IPO funds reduced debt, strengthening capital structure and liquidity.