Sadbhav Engineering receives credit ratings from India Ratings
Sadbhav Engineering has received credit ratings from India Ratings and Research for the various debt facilities of the company as under:
Long term loan facilities (Rs 100 crore) - IND A-/Stable (affirmed)
Term loan facilities (Rs 89.97 crore) - IND A-/Stable (assigned)
Fund based working capital facilities (Rs 560 crore) - IND A-/Stable/ IND A2+ (assigned)
Non fund based working capital facilities (Rs 2000 crore) - IND A-/Stable/IND A2+ (assigned)
Non convertible debentures (Rs 150 crore) - IND A-/Stable (assigned)
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First Published: Sep 17 2020 | 11:01 AM IST