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Brickwork reaffirms rating of A K Capital Services' bank facilities; Stock dips 1%

  • India Infoline News Service |
  • 31 Aug, 2021 |
  • 1:09 PM
Business Graph
A K Capital Services Ltd has informed that Brickwork Ratings India have re-affirmed its existing rating in respect to Bank Loan Facilities - Fund Based..

The ratings of A K Capital Services' bank loan facilities aggregating Rs641.76cr has been reaffirmed at 'BWR AA/Stable'.

The Ratings are valid for twelve months from the date of this letter i.e August 27, 2021.

The rated Bank Loan facilities would be under surveillance during the said period.

The ratings factor in the experienced management, long track record of the group in the merchant banking business, comfortable capitalisation and sound asset quality in the fund-based business.

On Sensex, at around 1:10 PM, A K Capital was trading at Rs458.75 per piece lower by 0.98%.

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