Cera Sanitaryware’s long term bank facilities worth Rs 73.57 crore to ‘AA-’ from ‘A+’. The rating agency has also revised rating of company’s Long term/ Short term bank facilities worth Rs 18.25 crore to ‘AA-/A1+’ from ‘A+/A1+’. Meanwhile, the rating agency has assigned ‘A1+’ rating to company’s Short-term bank facilities worth Rs 20 crore.
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