Surya Roshni gets reaffirmation in credit ratings

Capital Market 

From CARE

Surya Roshni announced that CARE Ratings has reaffirmed Credit Rating of Surya Roshni for the enhanced facilities due to merger of Steel Tubes (SGSTL) with the Company as mentioned hereunder :

Care Rating has Reaffirmed Long/Short Term Bank Facilities(NFB & SLC) rating to Care A1 on the enhanced amount of Rs. 1066 Crore (enhanced from Rs. 720.00 Crore) and its Long Term Bank Facilities rating to Care A+ on the enhanced amount of Rs. 1193.29 crore (enhanced from Rs. 942.96 Crore).

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First Published: Thu, April 26 2018. 13:35 IST