HALISTER1: INDIA RATINGS: Zodiac Clothing Downgraded to A1

INDIA RATINGS: Zodiac Clothing Downgraded to A1

(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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DOWNGRADE
  • Zodiac Clothing
    • Short-term fund-based limits cut to A1 from A1+ at ICRA
    • Cites weak business, financial performance

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
ZDC IN (Zodiac Clothing Co)

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