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ICRA places Z F Steering Gear (India) on 'Rating Watch' with developing implications

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Capital Market
Z F Steering Gear (India) announced that ICRA has placed the credit ratings of the company on 'rating watch' with developing implications.

Term loan (Rs 50 crore) - ICRA A+; placed on rating Watch with developing implication

Long term fund based (Rs 4 crore) - ICRA A+; placed on rating Watch with developing implication

Short term non fund based (Rs 11.6 crore) - ICRA A1+; placed on rating Watch with developing implication

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First Published: Oct 31 2018 | 11:16 AM IST

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