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Fitch affirms Technofab
Fitch Ratings said it affirmed Technofab Engineering Ltd.'s national long-term rating at BBB-(ind) and its fund-based working capital limits and non-fund-based working capital facilities at BBB-(ind)/F3(ind).
The outlook is stable.
The affirmation follows the increase of the fund-based working capital limits to Rs. 150 million from Rs. 95 million and the non-fund-based working capital facilities to Rs. 3.1 billion from Rs. 1.51 billion.
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