Va Tech Wabag receives update in credit ratings

Va Tech Wabag has received revision in credit ratings from India Ratings and Research as under:

Term loan - IND A+/ Stable (affirmed)
Fund based limits - IND A+/ Stable / IND A1+ (long term rating affirmed; short term rating upgraded)
Non fund based limits - IND A+/ Stable / IND A1+ (long term rating affirmed; short term rating upgraded)
Proposed fund based and non-fund based limits - IND A+/ Stable / IND A1+ (long term rating affirmed; short term rating upgraded)

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