Godawari Power & lspat announced that credit ratings of Ardent Steel, a subsidiary of the company have been upgraded by CARE as under -

Long term bank facilities term loan Rs 36.96 crore - CARE A-; Stable (revised from CARE BBB+; Stable)

Long term bank facilities fund based Rs 18.78 crore - CARE A-; Stable (revised from CARE BBB+; Stable)

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