From THE HINDU group of publications Sunday, April 23, 2000

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Bonds & FDs | Previous | Next Crisil downgrades Atul's NCD programme Crisil has downgraded the BBB ratings assigned to the non-convertible debenture issue of Atul to BB+. The downgrade reflects the pressure on its cash flows due to large loan repayments and continued losses at the operating profit before taxation.

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