Credit Ratings

BGR Energy Systems Ltd has informed BSE that ICRA has revised the ratings for the bank facilities availed by the Company as below.

Rating revised for bank facilities of BGR Energy Systems Ltd. to (ICRA)A- and (ICRA)A2+; outlook revised to stable;

Rating

1. Instrument : Fund based limits
Amount (Rs. in Crore) : 3141.00
Rating Action (as on December, 2011) : (ICRA)A- (stable) downgraded


2. Instrument : Non fund based limits
Amount (Rs. in Crore) : 5824.00
Rating Action (as on December, 2011) : (ICRA)A- (stable) downgraded

3. Instrument : Non fund based limits
Amount (Rs. in Crore) : 131.00
Rating Action (as on December, 2011) : (ICRA)A2+ downgraded

Source : BSE - www.bseindia.com

Published on January 10, 2012
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