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Forbes Precision Tools & Machine Parts receives credit ratings for bank facilities

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Forbes Precision Tools & Machine Parts has received credit ratings from Infomerics Valuation and Rating as under:

Long term bank facilities (Rs 4.46 crore) - IVR BBB; Stable (assigned)

Proposed long term bank facilities (Rs 40.54 crore) - IVR BBB; Stable (assigned)

Proposed short term bank facilities (Rs 10 crore) - IVR A3+ (assigned)

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First Published: Dec 05 2024 | 2:51 PM IST

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