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CRISIL assigns credit ratings to Transpek Industry's bank facilities; Stock tumbles over 3.5%

  • India Infoline News Service |
  • 22 Feb, 2022 |
  • 11:37 AM
Business Graph
Transpek Industry Limited has informed to the exchanges regarding revision in ratings of the bank facilities of the company by CRISIL Ratings Agency.

CRISIL has assigned 'A/Stable' rating to the long-termbank loan facilities while 'CRISIL  A1' rating has been assigned to short-term bank loan
facilities.

As per the rating rationale, the ratings will remain valid till March 31, 2022.

At around 11:39 AM, Transpek Industry was trading at Rs1943 per piece lower by 3.64% on the BSE.

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