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Gujarat Industries Power Co gets revision in ratings for bank facilities

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Capital Market
Last Updated : Sep 18 2015 | 2:01 PM IST

From CARE

Gujarat Industries Power Co announced that Credit Rating and Research has revised the credit rating of the Company as follows -

Long term bank facilities (Rs 753.30 crore) - CARE AA- (revised from CARE A+)

Short term bank facilities (Rs 1160 crore) - CARE A1+ (reaffirmed)

Long term/ Short term bank facilities (Rs 190.26 crore) - CARE AA-/CARE A1+ (revised from CARE A+/ CARE A1+)

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First Published: Sep 18 2015 | 1:28 PM IST

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