Pace Digitek announced that CRISIL has upgraded the credit ratings on bank facilities (Rs 1,000 crore) of the company at CRISIL A-; Stable/ CRISIL A2+ (upgraded from CRISIL BBB; Stable / CRISIL A2).
Further, CRISIL has also assigned the rating CRISIL A-; Stable / CRISIL A2+ to the bank facilities (Rs 200 crore) of Lineage Power, a material subsidiary of Pace Digitek.
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