Godawari Power & Ispat announced that the company and its subsidiary, Ardent Steel have received credit ratings from India Rating and Research as follows:
Godawari Power & Ispat
Term loan (Rs 93.98 crore) - IND A-/Stable
Fund based limit (Rs 193.8 crore) - IND A-/Stable
Fund based limit (Rs 134.65 crore)- IND A2+
Ardent Steel
Term loan (Rs 36.96 crore) - IND A-/Stable
Fund based limit (Rs 13.04 crore) - IND A-/Stable
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