Zen Technologies gets revision in ratings for bank facilities

From CARE Ratings

Zen Technologies announced that CARE Ratings has revised the ratings assigned for bank facilities as under -

Long-term Bank Facilities (Rs 40 crore) - CARE BBB-; Stable (Revised from CARE BB; Stable

Short term bank facilities (Rs 10 crore) - CARE A3 (Revised from CARE A3+)

Long term/ short term bank facilities (Rs 57 crore) - CARE BBB-; Stable/CARE A3 (Revised from CARE BBB; Stable/CARE A3+)

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