Indian Petrochemicals Corporation Ltd (IPCL) has informed BSE that CRISIL has reaffirmed its outstanding 'AAA' rating on the debt instruments.
The Company has gone for a debt instrument following its proposed merger of Appollo Fibres Ltd, Central India Polyester Ltd, India Polyfibres Ltd, Orissa Polyfibres Ltd, Recron Synthetics Ltd and Silvassa Industries Pvt Ltd, with the Company.
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