Rajkumar Forge gets revision in credit ratings from India Ratings & Research

Rajkumar Forge gets revision in credit ratings from India Ratings & Research

Jul 17, 2019 09:07 IST capital market

Rajkumar Forge announced that India Ratings & Research has revised the credit ratings for bank facilities of the company as under -

Fund based working capital facility (Rs 9 crore) - IND A-/Stable (Affirmed and Reassigned, outlook revised to Stable from Negative)

Non fund based working capital limits (Rs 5 crore) - IND A2+ (Affirmed and Reassigned)

Term loan (Rs 5 crore) - IND A-/Stable (Assigned)

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