India, May 27 -- India Ratings and Research (Ind-Ra) has revised the Outlook on Dhamu Chettiar Nagai Maaligai's (DCNM) bank facilities' to Negative from Stable and has simultaneously migrated the ratings to the non-cooperating category. 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.
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