India Ratings affirms Uflex’s Bank Loan Facilities at ‘IND AA-/Stable/IND A1+’ for INR 38004 million

Uflex Ltd announced that India Ratings and Research (Ind-Ra) has affirmed Uflex’s Bank Loan Facilities at ‘IND AA-/Stable/IND A1+’ for an amount of INR 38004 million, with the regulator of the instrument being the Reserve Bank of India (RBI), and no date of issuance, coupon rate, or maturity date specified. The rating action involves an affirmation of the existing ratings, with no enhancements, assignments, or withdrawals noted, and the rationale for this affirmation can be viewed at https://www.indiaratings.co.in/pressrelease/86286.