For facilities aggregating Rs 68 crore
Shivalik Bimetal Controls announced that CARE has revised the credit rating as mentioned below -Long term bank facilities (Rs 2 crore) - CARE BBB+; Stable (Revised from CARE BBB; Stable)
Short term bank facilities (Rs 40 crore) - CARE A2 (Revised from CARE A3+)
Long / short term bank facilities (Rs 26 crore) - CARE BBB+; Stable/ CARE A2 (Revised from CARE BBB; Stable / CARE A3+)
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