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Godawari Power & Ispat and subsidiary receive credit ratings from India Ratings

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Capital Market
Last Updated : Oct 08 2020 | 1:31 PM IST
Godawari Power & Ispat announced that the company and its subsidiary, Ardent Steel have received credit ratings from India Rating and Research as follows:

Godawari Power & Ispat

Term loan (Rs 93.98 crore) - IND A-/Stable
Fund based limit (Rs 193.8 crore) - IND A-/Stable
Fund based limit (Rs 134.65 crore)- IND A2+

Ardent Steel

Term loan (Rs 36.96 crore) - IND A-/Stable
Fund based limit (Rs 13.04 crore) - IND A-/Stable

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First Published: Oct 08 2020 | 1:03 PM IST

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