Gillanders Arbuthnot & Company gets revision in credit ratings

From CARE

Gillanders Arbuthnot & Company has received revision in credit ratings from CARE as under -

Long term bank facilities (Rs 211.37 crore) - CARE BBB+; Stable (Revised from CARE BBB+; Negative)

Long/ short term bank facilities (Rs 55.30 crore) - CARE BBB+; Stable/ CARE A3+ (Revised from CARE BBB+; Negative / CARE A3+)

Short term bank facilities (Rs 212.46 crore) - CARE A3+ (Reaffirmed)

Fixed Deposit programme (Rs 43 crore) - CARE BBB+(FD); Stable (Revised from CARE BBB+(FD); Negative

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