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Remi Process Plant & Machinery gets reaffirmation in ratings for bank facilities

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Capital Market

From CARE

Remi Process Plant & Machinery announced that CARE has revised the ratings for bank facilities of the company as under -

a) For Long term (Fund based) facilities for Rs.5.00 crore, rating has been reaffirmed as CARE BBB -; outlook has been revised from negative to stable.

b) For Short term (non-fund based) facilities for Rs.7.25 crore, rating has been reaffirmed as CARE A3.

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First Published: Jan 07 2019 | 9:17 AM IST

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