Don’t miss the latest developments in business and finance.

GMM Pfaudler receives reaffirmation in ratings for bank loan facilities

Image
Capital Market
Last Updated : Apr 28 2021 | 3:17 PM IST
GMM Pfaudler announced that CRISIL has removed the Ratings from 'Watch with Developing Implications'. It has reaffirmed the rating of the bank facilities/debt instruments of the Company and assigned an outlook to the long -term rating as under:

Total Bank Loan Facilities Rated Rs. 200 crore (enhanced from Rs. 100 crore)
Long Term Rating - CRISIL AA-/ Stable
Short Term Rating - CRISIL A1+

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Apr 28 2021 | 3:00 PM IST

Next Story