Credit rating upgrade
ICRA Upgrades Lumax Industries’ Ratings to [ICRA]AA-(Stable) / [ICRA]A1+
ICRA upgraded Lumax Industries’ long-term rating to [ICRA]AA-(Stable) from [ICRA]A+(Stable) and short-term to [ICRA]A1+ from [ICRA]A1 for bank facilities totalling Rs.1,502.93 crore.





