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Patel Integrated Logistics announces ratings affirmation

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Capital Market

From India Ratings

Patel Integrated Logistics announced that India Ratings & Research (India Ratings), a Fitch group Company has affirmed National long term credit rating 'IND BBB-' [outlook stable] for Company's fund based borrowings & finance lease and 'IND A3' [outlook stable] rating for its non fund based borrowings from the banks.

India Ratings has also assigned credit rating 'IND tA-' (adequate safety) for its Fixed Deposit Programme.

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First Published: Jul 04 2014 | 6:37 PM IST

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