Mumbai, March 11 -- Andrew Yule & Company announced that Acuite Ratings and Research has upgraded the long-term rating from 'ACUITE C' (read as ACUITE C) to 'ACUITE B' (read as ACUITE B) on the Rs. 28.26 crore bank facilities of Andrew Yule & Co. Ltd. (AYCL) and reaffirmed the short-term rating of

'ACUITE A4' (read as ACUITE A Four) on the Rs. 38.10 crore bank facilities of AYCL. The outlook is 'Stable'.

Acuite has assigned the long-term rating of 'ACUITE B' (read as ACUITE B) on the Rs. 86.38 crore bank facilities of AYCL and the short-term rating of 'ACUITE A4' (read as ACUITE A Four) on the Rs. 2.26 crore bank facilities of AYCL. The outlook is 'Stable'.

Published by HT Digital Content Services with permission from Capital Market....