IFBIND : CRISIL UPGRADES NCD RATING TO AA/STABLE

• Crisil upgraded ₹50 Cr and ₹450 Cr non-convertible debentures to Crisil AA/Stable from Crisil AA-/Positive • Commercial paper rating of ₹50 Cr reaffirmed at Crisil A1+ • Both NCD tranches upgraded; short-term rating remains at A1+

IFB Industries Limited

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