Credit Rating
Bank Facilities Rating By Infomerics Valuation and Rating Limited
Infomerics Valuation and Rating Limited has assigned IVR BBB+/ Stable (lVR Triple B Plus with Stable Outlook) for the Long-term Bank Facilities rating of the company. Instrument with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. Such instrument carry moderate credit risk.
Bank Facilities Rating By CRISIL Ratings Limited
CRISIL Ratings Limited has reaffirmed rating as Crisil BBB/Positive (Crisil Triple B Plus with Positive Outlook) (Outlook revised from ‘Stable’; Rating Reaffirmed) for Long Term Bank Facilities availed by the Company
Crisil Rating Limited has reviewed the Company’s long-term credit rating and reaffirmed the Long-term Bank Facilities rating with Outlook revised to Positive from Stable. Instrument with this rating is considered to have moderate degree of safety regarding timely servicing of financial obligations. Such instrument carry moderate credit risk.