CARE Ratings withdraws ratings on bank facilities of BGR Energy Systems

All the banks of the company have issued a 'No Objection Certificate' to withdraw the same, the company said.

Oct 14, 2021 12:10 IST India Infoline News Service

BGR Energy Systems Limited informed the exchanges Wednesday that CARE Ratings Limited has withdrawn the ratings assigned to bank facilities of the Company. All the banks of the company have issued a 'No Objection Certificate' to withdraw the same. 

The company stock was under pressure on Thursday and at around 12.06 pm, BGR Energy Systems Ltd was trading at Rs69.40 per piece down by Rs0.85 or 1.21% from its previous closing of Rs70.25 per piece on the BSE.
The scrip opened at Rs70.05 and has touched a high and low of Rs70.75 and Rs68.75 respectively.

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