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Electrosteel Castings gets revision in credit ratings from CARE

Capital Market 

Electrosteel Castings has received revision in credit ratings from CARE as under -

1. Long Term Bank Facilities: CARE BBB+; Stable (Triple B Plus; Outlook: Stable, Rating reaffirmed and outlook revised from Negative to Stable

2.

Long/Short-term Bank Facilities: CARE BBB+;Stable/CARE A2,(Triple B Plus; Outlook:Stable /A Two),Rating reaffirmed and outlook revised from Negative to Stable

3. Series IV 11.00% NCDs of Rs.50 Crore Withdrawn as the NCDs were redeemed.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, November 20 2018. 09:38 IST
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