Vikas Multicorp has been assigned an 'IVR BBB' issuer Rating with stable outlook from Infomerics Valuation and Rating implying moderate degree of safety regarding timely servicing of its financial obligations.
The Company had earlier been assigned with 'BWR BB+' with stable outlook Rating for servicing of fund based and 'BWR A4+' Rating for servicing of non-fund based credit facilities availed by it from Brickwork Ratings India.
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