Bharat Gears receives revision in credit rating for bank facilities

From CRISIL

Bharat Gears announced that CRISIL has revised the credit rating for bank facilities of Rs 325 crore availed by the company as under -

Long term rating - CRISIL BB+/ Stable (upgraded from CRISIL BB-; removed from 'Rating Watch with Negative Implications')

Short term rating - CRISIL A4+ (reaffirmed; removed from 'Rating Watch with Negative Implications')

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