Emerging Credit Rating Limited (ECRL) has upgraded long term credit rating to A+ (Pronounced as single A plus) and affirmed ST-2 short term credit rating to Rangs Properties Limited (from here on referred to as ‘RPL’ or the company). The outlook on the rating is Stable.The rating is based on the audit report of FY2019 to FY2022 along with other relevant qualitative and quantitative information up to the date of rating.