(ADPnews) - Aug 24, 2009 - ICRA assigned Monday an LBBB rating to the long-term instruments of Indian malt-based food maker Legacy Foods Private Ltd (LFPL).
The ratings, which indicates moderate credit quality, is supported by the promoters' long experience and expertise in the food & food processing industry, its strong relationship with local food company Glaxo Smithkline Consumer Healthcare (BOM:500676), or GSKCH, reflected by the increase in the market share for total malt-based food business done by GSKCH, and its modest financial profile.
The group Mann ventures as a whole provides dedicated manufacturing and packaging services to the companies like …
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