Corporate News     04-Jul-17
Vardhman Special Steels gets reaffirmation in credit ratings for bank facilities
from CRISIL
Vardhman Special Steels announced that that the outlook of long- term rating on total Bank Loan facilities of the Company has been revised from Stable to Positive by CRISIL but there is no change in the overall credit rating of the Company.

Total Bank loan facilities (Rs. 546.52 crore) :-
Long Term : CRISIL AA-/Positive (Outlook revised from ‘Stable' and rating re-affirmed)
Short Term: CRISIL A1+ (Re-affirmed)

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