CRISIL places Anupam Rasayan on negative rating watch
pre-market1 source ↓written by the desknot a recommendation
- loan facilities worth
- ₹1,369.82 crores
CRISIL Ratings has placed Anupam Rasayan India Limited on Rating Watch with Negative Implications following its announcement to acquire Jayhawk Fine Chemicals for USD 150 million. This affects total bank loan facilities worth ₹1,369.82 crores.
India Ratings has similarly placed the company's ratings under review, indicating potential challenges ahead for the firm in maintaining its credit standing.
Not investment advice. For informational purposes only.