CRISIL downgrades ratings for bank facilities of Technofab Engineering

Technofab Engineering announced that CRISIL has revised the credit ratings for bank facilities (Rs 1075 crore) availed by the company as under -

Long term rating - CRISIL BB/ Negative (Downgraded from CRISIL BBB+/Negative)

Short term rating - CRISIL A4+ (Downgraded from CRISIL A2)

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