2020-02-24: Credit Rating

SALVOCHEM: Credit Rating Information and Services Limited (CRISL) has rated Salvo Chemical Industry Ltd. as ''BBB'' in the long term and ''ST-3'' in the short term along with a stable outlook in consideration of its audited financials up to June 30, 2019, unaudited financials up to December 31, 2019 and other relevant quantitative as well as qualitative information up to the date of rating declaration.