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Forbes & Company gets revision in credit ratings from CARE

Capital Market 

Forbes & Company announced that CARE Ratings has revised the credit ratings as under -

Long term bank facilities - CARE A; Stable (Revised from CARE A+; Negative)

Short term bank facilities - CARE A1 (Assigned)

Proposed non convertible debentures - CARE A; Stable (Revised from CARE A+; Negative)

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

First Published: Thu, November 28 2019. 18:31 IST
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