Crisil withdraws rating on Gabriel India's fixed deposit programme on request

The withdrawal was done at Gabriel's request since no amount outstanding against the said instrument.

Jul 14, 2021 05:07 IST India Infoline News Service

Gabriel India has announced that Crisil has withdrawn the 'FAA+/Stable' rating on the fixed deposit programme of the company. The withdrawal was done at Gabriel's request since no amount outstanding against the said instrument.

However, CRISIL reaffirmed the debt instruments/bank facilities of the company.

The long-term rating of Rs100cr bank facilities of the company is reaffirmed at 'CRISIL AA/Stable'.

On Sensex, Gabriel finished at Rs128.20 per piece up by 1.4%. 

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