India, Sept. 22 -- India Ratings and Research (Ind-Ra) has downgraded Rabwin Industries Private Limited (RIPL) bank facility rating to 'IND BB/Negative(ISSUER NOT COOPERATING)' from 'IND BBB+/Negative(ISSUER NOT COOPERATING)'. The issuer did not participate in the rating exercise despite continuous requests and follow-ups by the agency through phone calls and emails. Thus, the rating is based on the best available information. Therefore, investors and other users are advised to take appropriate caution while using these ratings.
Published by HT Digital Content Services with permission from Pivotal Sources....