Newgen Software Technologies gets revision in credit ratings

From ICRA

Newgen Software Technologies announced that ICRA has reaffirmed the short-term rating of [ICRA] A2+ (pronounced ICRA A two plus) assigned earlier to the Rs. 70.50 crore line of credit of the Company, and also assigned a short-term rating of [ICRA] A2+ (pronounced ICRA A two plus) to the additional limit of Rs. 10 crore. The aforesaid ratings will be due for surveillance anytime before 31 December 2018.

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