Solara Active Pharma Sciences Ltd

Solara Active Pharma Sciences Ltd

Solara Active Pharma Sciences Ltd has announced that Crisil Ratings Limited has upgraded its credit ratings for bank loan facilities totaling Rs. 791.2 Crore. The long-term rating has been upgraded to 'Crisil BBB+/Stable' from 'Crisil BBB/Stable', and the short-term rating has improved to 'Crisil A2' from 'Crisil A3+'. This upgrade reflects an improvement in the company's creditworthiness and financial risk profile.