India Ratings & Research (Ind-Ra) has assigned the Ratings on the various instruments of Jet Freight Logistics Limited. The rating on fund-based working capital limits has been assigned at IND BBB-/Stable/IND A3. For non-fund-based working capital limits, the IND A3 rating has been assigned.
The rating on term loans has been assigned at IND BBB-/Stable and for proposed fund-based limits IND BBB-/Stable/IND A3 rating has been assigned.
Ind-Ra has revised its outlook on the various instruments of Jet Freight Logistics to ‘Stable’ from ‘Negative’.
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