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JMC Projects (India) gets reaffirmation of ratings for bank facilities

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Capital Market
Last Updated : Jan 02 2016 | 12:02 AM IST

From CARE

JMC Projects (India) announced that CARE Ratings has reaffirmed its credit ratings for bank facilities of the Company as follows -

Existing LT bank facilities - CARE A+
Cash Credit - CARE A1+
Letter of Credits and Bank Guarantees - Care A1+
Commercial Paper - CARE A1+
Fixed Deposit Program - CARE A+ (FD)

Further CARE has withdrawn their rating on the proposed NCD issue of the Company, as Company has not placed the same.

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First Published: Jan 01 2016 | 3:37 PM IST

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