Credit RatingsCredit Rating- Revision
CareEdge upgraded The Ugar Sugar Works Limited's long-term bank facilities worth ₹700 Cr to CARE BBB-; Stable from CARE BB+; Negative.
The Ugar Sugar Works LimitedUGARSUGAR · Filed with the exchange
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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