01-Oct-2026      17:40

Super Spinning Mills Ltd.'s bank facilities reaffirmed by CARE Ratings, now under review

Super Spinning Mills Ltd announced that CARE Ratings Agency and CARE Ratings Limited have reaffirmed their ratings on the company's bank facilities, with CARE Ratings reaffirming the Long Term Bank Facilities at CARE BB+ and the Short Term Bank Facilities at CARE A4+, while CARE Ratings Limited reaffirmed the Long Term Bank Facilities at CARE BB+; Stable, reducing the sanctioned amount from 14.12 to 12.36, and reaffirmed the Short Term Bank Facilities at CARE A4+, enhancing the sanctioned amount from 0.39 to 1.60; additionally, CARE Ratings Ltd. has placed the ratings for bank facilities under review with the designation of "ISSUER NOT COOPERATING," and noted no rating information was available beyond a surveillance/review disclaimer, with no ratings or information provided by CareEdge Ratings.

News source: Capital Market - Live News