From CARE
Sadbhav Engineering announced that rating agency Credit Analysis & Research (CARE) has reaffirmed the rating of 'CARE A +' [Single A plus] to the proposed issue of non-convertible debenture (NCD) of the Company upto Rs. 120.00 crore. Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such instruments carry low credit risk.Powered by Capital Market - Live News