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24 June 2011 - Rating agency CRISIL yesterday assigned C/P4 ratings to the bank facilities of Indian rice milling company KKN Rice Mills Pvt Ltd.
The Rs 450-crore KKN Group is engaged in trading of FMCG products.
Foreign investors in Indonesia may yet come to feel the same way about the KKN.
23 June 2011 - Rating agency CRISIL said on Wednesday it had set a C rating to two loans of a combined INR124.6m (USD2.8m/EUR1.95m) of Indian mustard oil maker KKN Oil Mill Pvt Ltd.
This is because the three companies, collectively referred to as the KKN group, have a common management, are in a similar line of business, and have a common distribution network.
This is because Cotwall, Mahabir, and Grover, collectively referred to as the KKN group, have a common management, are in a similar line of business, and have a common distribution network.
The rating continues to reflect the KKN group's geographical concentration in revenue profile and large working capital requirements.
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