The rating on the Long Term Fund Based Credit facilities has been reaffirmed at CARE A+ with Stable Outlook. It included term loans of Rs93.50cr and cash credit of Rs745cr (enhanced from Rs564. 50cr).
The rating on Long Term / Short Term non-fund based limits (Rs15.40cr) has been reaffirmed as CARE A+; Stable/CAREA1+.
The rating on Short Term Fund Based facility Rs10cr (reduced from Rs.310 crores) was reaffirmed at CARE A1+ by Care Ratings.