The Rating of the Bank Credit Facilities of Richa Industries Limited has been upgraded to BWR BB+ (pronounced as BWR Double B Plus). Brickwork Ratings, a SEBI, RBI & NSIC registered credit rating agency, raised the outlook of Richa’s Bank Credit Rating to Stable. The Stable Outlook for the next 12 months reflects moderate risk of default regarding timely servicing of financial obligations by Richa Industries Limited.

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