Dilip Buildcon receives revision in credit ratings

From CARE Ratings

Dilip Buildcon has received revision in credit ratings for bank facilities and NCDs from CARE Ratings as under:

Long term bank facilities (Rs 1940 crore) - CARE A-; Stable (revised from CARE A; Stable)
Long term/ short term bank facilities (Rs 4500 crore) - CARE A-; Stable / CARE A2+ (revised from CARE A; Stable/ CARE A1)
Non-convertible debentures (Rs 300 crore) - CARE A; Stable (revised from CARE A; Stable)

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