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Rajkumar Forge gets revision in credit ratings from India Ratings & Research

Capital Market 

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

First Published: Wed, July 17 2019. 14:51 IST
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