HALISTER1: INDIA RATINGS: Gini Silk Mills Downgraded to BB+

INDIA RATINGS: Gini Silk Mills Downgraded to BB+

(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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DOWNGRADE
  • Gini Silk Mills
    • Fund-based limits cut to BB+ from BBB- at ICRA
    • Cites closure of manufacturing unit
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
GSM IN (Gini Silk Mills Ltd)

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