The rating has
been withdrawn due to lack of adequate information. Ind-Ra will no longer
provide ratings or analytical coverage for MFL.
- Long-Term Issuer Rating: ‘IND D’; rating withdrawn
- INR1,914m fund-based working capital limits: ‘IND C’ and ‘IND A4’; ratings withdrawn
- INR1,328m fund-based working capital limits: ‘IND C’ and ‘IND A4’; ratings withdrawn
Additional information is available on www.indiaratings.co.in. The ratings above were solicited by, or on behalf
of, the issuer, and therefore, India Ratings has been compensated for the
provision of the ratings.
Ratings are not a recommendation or suggestion, directly or indirectly, to you or any other person, to buy, sell, make or hold any investment, loan or security or to undertake any investment strategy with respect to any investment, loan or security or any issuer.
The issuer did not participate in the rating process, or provide additional information, beyond the issuer's available public disclosure.