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- Financial Update
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Ashnoor Textile Mills announced that CRISIL Ratings has reviewed its bank facilities, reaffirming the credit ratings. The total bank loan facility rated is 80 Cr. The Long Term Rating is CRISIL BBB-/Stable, and the Short Term Rating is CRISIL A3. These ratings offer a crucial assessment of the company's capacity to meet its financial obligations, providing key insights for shareholders and financial stakeholders into its credit profile and overall financial stability.