Rajkumar Forge gets revision in credit ratings from India Ratings & Research
Rajkumar Forge announced that India Ratings & Research has revised the credit ratings for bank facilities of the company as under -
Fund based working capital facility (Rs 9 crore) - IND A-/Stable (Affirmed and Reassigned, outlook revised to Stable from Negative)
Non fund based working capital limits (Rs 5 crore) - IND A2+ (Affirmed and Reassigned)
Term loan (Rs 5 crore) - IND A-/Stable (Assigned)
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First Published: Jul 17 2019 | 2:51 PM IST