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ICRA assigns rating to Sanghi Industries’ bank facilities

Credit rating agency, ICRA has assigned rating to Sanghi Industries’ bank facilities. The agency has assigned ‘A’ rating to the company’s long term fund based limits worth Rs 410 crore and ‘A1’ rating to short term non-fund based limits worth Rs 15 crore.

Sanghi Industries is the flagship company of the Ravi Sanghi Group dealing in the production and distribution of Cement under the Brand Name ‘Sanghi Cement’.

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