Credit Rating

| Updated on November 27, 2014 Published on November 27, 2014

Sadbhav Engineering Ltd has informed BSE that rating agency Credit Analysis & Research Ltd. (CARE) has reaffirmed the rating of CARE A + [Single A plus] to the proposed issue of non-convertible debenture (NCD) of the Company upto Rs. 120.00 crores. Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such instruments carry low credit risk.

Source : BSE - >www.bseindia.com

Published on November 27, 2014
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