Varroc Engineering receives affirmation in credit ratings from ICRA

Outlook revised to 'Rating watch with negative implications'

Varroc Engineering has received reaffirmation in credit ratings for various debt facilities of the company while the outlook has been revised from 'Stable' to 'Rating watch with negative implications.'

Line of credit (long term / short term rating) - ICRA AA-/ ICRA A1+
Commercial paper / CDs/ ST debt programme - ICRA A1+
Non convertible debenture programme - ICRA AA-

Powered by Capital Market - Live News