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Gujarat Alkalies and Chemicals gets ratings review for credit facilities

Gujarat Alkalies and Chemicals announced that Credit Analysis & Research (CARE) has reviewed / reaffirmed following ratings:

1. "CARE AA+" [DoubIe A Plus] for Long Term Bank Facilities of Rs. 481.43 Crore (enhanced from Rs. 345.69 crore);

2. "CARE A1+" [A One Plus] for Short Term Bank Facilities of Rs. 45.00 crore; and

3. "CARE A1+" [A One Plus] for Short Term Debt / Commercial Paper Issue for an amount aggregating to Rs.100 crore for a maturity not exceeding one year.

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