J Kumar Infraprojects gets upgrade in long term Issuer Ratings

From India Ratings and Research

J Kumar Infraprojects announced that India Ratings and Research has upgraded long term issuer ratings to IND A+ from IND A with outlook stable. The ratings on the enhanced loans of the Company are as follows -

Long term loans (Rs 66.3 crore) - IND A+/Stable
Working capital limits (Rs 470 crore) - IND A+/ Stable
Non fund based limits (Rs 1325 crore) - IND A+/Stable.

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