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    ALPHA TRIBE

    The Ugar Sugar Works Limited — Credit Ratings, 13-08-2026: Credit Rating- Revision

    13-08-2026 | 04:43 pm

    CareEdge upgraded The Ugar Sugar Works Limited's long-term bank facilities worth ₹700 Cr to CARE BBB-; Stable from CARE BB+; Negative. This upgrade reflects significant improvement in profitability, sales volume growth, and better co-generation power segment performance, mitigating debt concerns. CareEdge also withdrew the fixed deposit rating.

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