Omaxe gets revision in credit ratings

From CARE

Omaxe announced that CARE has revised the credit ratings of the company as under -

Fixed Deposits (Rs 200 crore) - CARE BBB (FD); Negative (Revised from CARE BBB; Stable)

Long term bank facilities (Rs 1370 crore) - CARE BBB-; Negative (Revised from CARE BBB-; Stable)

Long term / short term bank facilities (Rs 130 crore) - CARE BBB-; Negative/ A3 (Revised from CARE BBB-; Stable/ CARE A3)

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