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

Surya Roshni gets rating assigned for commercial paper programme

Image
Capital Market
Last Updated : Apr 30 2018 | 11:16 AM IST

From ICRA

Surya Roshni announced that ICRA has assigned ICRA Al+(SO) for Rs. 25 crore (Aggregating to Rs. 350 crore) Commercial paper program of the company on the credit enhancement in the form of stand by letter of Credit (SBLC) issued by its bankers.

For arriving at the aforesaid rating, ICRA has combined the business and financial risk profiles of Surya Roshni (SRL) and its merged erstwhile -Surya Global Steel Tubes (e-SGSTL)

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 30 2018 | 10:51 AM IST

Next Story