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India Ratings and Research has affirmed and withdrawn the credit ratings on Avalon Technologies' bank loan facilities. The rating action was completed at the company's request.
Avalon Technologies Limited received new credit ratings from CRISIL for its ₹140 Crore bank facilities. CRISIL assigned a long-term rating of 'Crisil A/Stable' and a short-term rating of 'Crisil A1'. The ratings reflect the company's creditworthiness and stable outlook for its debt obligations.