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Surya Roshni gets reaffirmation in credit ratings

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Capital Market

From CARE

Surya Roshni announced that CARE Ratings has reaffirmed Credit Rating of Surya Roshni for the enhanced facilities due to merger of Surya Global Steel Tubes (SGSTL) with the Company as mentioned hereunder :

Care Rating has Reaffirmed Long/Short Term Bank Facilities(NFB & SLC) rating to Care A1 on the enhanced amount of Rs. 1066 Crore (enhanced from Rs. 720.00 Crore) and its Long Term Bank Facilities rating to Care A+ on the enhanced amount of Rs. 1193.29 crore (enhanced from Rs. 942.96 Crore).

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First Published: Apr 26 2018 | 1:35 PM IST

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