Rolex Rings Ltd. sees credit ratings upgraded by CARE Edge Ratings for bank loan facilities

Rolex Rings Ltd announced an upgrade to its credit ratings based on assessments by CARE Edge Ratings for its bank loan facilities. Specifically, the Long Term Bank Facilities rating has been upgraded from CARE A-; Stable to CARE A; Stable, and the Short Term Bank Facilities rating has been upgraded from CARE A2+ to CARE A1. This rating action, detailed in a press release available on the CARE Edge Ratings website at https://www.careratings.com/upload/CompanyFiles/PR/202610141020_Rolex_Rings_Limited.pdf, involves enhancements to both the Long Term and Short Term bank facilities ratings, with no assignments or withdrawals reported.