Business Standard

Nelcast gets revision in credit ratings

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Capital Market

From ICRA

Nelcast announced that ICRA has revised the credit ratings as under -

Long term / short term fund based bank facility (Rs 72 crore) - ICRA A+; Positive (Reaffirmed)

Short term (form part of above limits) (Rs 72 crore) - ICRA A1+ (Reaffirmed)

Long term/ short term fund based bank facility (Rs 18 crore) - ICRA A+; Positive; ICRA A1+ (Reaffirmed)

Short term non fund based bank facility (Rs 9 crore) - ICRA A1+ (Reaffirmed)

Commercial paper programme (Rs 30 crore) - ICRA A1+ (Reaffirmed)

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First Published: Jul 07 2018 | 1:41 PM IST

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