Texmaco Rail & Engineering receives revision in credit rating

Texmaco Rail & Engineering has received revision in credit rating from CARE as under:

Long term bank facilities - CARE A (RWD) (revised from CARE A- (RWD))
Short term bank facilities - CARE A1 (RWD) (revised from CARE A2+ (RWD))

RWD indicates that the rating is under review with developing implications.

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