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Nelcast announced that ICRA has revised the credit ratings as under -
Long term / short term fund based bank facility (Rs 72 crore) - ICRA A+; Positive (Reaffirmed)
Short term (form part of above limits) (Rs 72 crore) - ICRA A1+ (Reaffirmed)
Long term/ short term fund based bank facility (Rs 18 crore) - ICRA A+; Positive; ICRA A1+ (Reaffirmed)
Short term non fund based bank facility (Rs 9 crore) - ICRA A1+ (Reaffirmed)
Commercial paper programme (Rs 30 crore) - ICRA A1+ (Reaffirmed)
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