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Visaka Industries gets revision in credit ratings

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Capital Market
Last Updated : Dec 14 2016 | 12:03 AM IST

From CARE

Visaka Industries announced that the Credit Rating agency "CARE Ratings" has reviewed the Company's Fixed Deposit (FD) Programme as well as Bank Facilities along with the operational and financial performance and reaffirmed the same.

FD Programme (Rs 25 crore) - CARE A+(FD) (Reaffirmed)

Long term bank facilities (Rs 285.91 crore) - CARE A+ (Reaffirmed)

Short term bank facilities (Rs 185 crore) - CARE A1+ (Reaffirmed)

Long term/ short term bank facilities (Rs 118.50 crore) - CARE A+/ CARE A1+ (Reaffirmed)

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First Published: Dec 13 2016 | 8:09 PM IST

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