Mumbai: Rating organisation Brickwork Ratings India Pvt.Ltd has upgraded Dwarikesh Sugar Industries Limited's rating to BWR BB-(pronounced BWR Double B minus) with stable outlook for fund based term loan of Rs 325 crs. The organisation had recently undertook rating of bank loan facilities of the company. The rating is valid for one year from the date of assignment.
In this regard, the following letter has been received by the company from Brickwork: a
New Development: Brickwork upgrades Dwarikesh Sugar Industries Limited's rating to BB-