VMPL

New Delhi [India], December 11: KARAM Safety Private Limited, one of India's leading manufacturers of personal protective equipment and height safety solutions, has announced a significant enhancement in its credit profile. CRISIL Ratings has upgraded the company's long-term Rating from 'CRISIL A/Stable' to 'CRISIL A+/Stable', while reaffirming the short-term Rating at 'CRISIL A1'.

This upgrade reflects the rating agency's confidence in KARAM Safety's robust business model, strong financial discipline and its leadership position in the safety solutions industry. The enhanced rating signifies improved credit quality and the company's strengthened ability to meet its financial commitments, reaffirming the stability and resilience of its operations.

Commenting on the achievement, Raje

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