Corporate News     14-May-21
Electrosteel Castings receives upgrade in credit ratings
From India Ratings and Research
Electrosteel Castings announced that India Ratings and Research Private has, vide its letter dated 13 May 2021, upgraded the Company's Long-Term Issuer Rating to ‘IND A' from ‘IND A-' while maintaining it on Rating Watch Positive (‘RWP'). The instrument-wise rating actions are as follows:

Long term loan - IND A/RWP
Fund-based working capital limits - IND A/RWP/IND A1
Non-fund-based working capital limits - IND A1/RWP
Proposed fund based working capital limits - IND A/RWP/ IND A1/RWP
Proposed non-fund based working capital limits - IND A1/RWP

Previous News
  Electrosteel Castings consolidated net profit declines 2.84% in the December 2020 quarter
 ( Results - Announcements 13-Feb-21   09:08 )
  Electrosteel Castings consolidated net profit rises 201.80% in the June 2024 quarter
 ( Results - Announcements 31-Jul-24   15:15 )
  Electrosteel Castings allots 2.35 cr convertible warrants
 ( Corporate News - 27-Dec-22   20:09 )
  Electrosteel Castings standalone net profit declines 21.40% in the March 2019 quarter
 ( Results - Announcements 15-May-19   16:14 )
  Electrosteel Castings to resume operations of blast furnace at Khardah unit
 ( Corporate News - 15-Jan-24   16:19 )
  Electrosteel Castings to pay dividend
 ( Market Beat - Reports 19-May-17   15:21 )
  Electrosteel Castings reschedules AGM date
 ( Corporate News - 14-Aug-20   12:57 )
  Electrosteel Castings consolidated net profit declines 14.81% in the June 2019 quarter
 ( Results - Announcements 16-Aug-19   10:25 )
  Electrosteel Castings net profit rises 3492.73% in the June 2014 quarter
 ( Results - Announcements 11-Aug-14   16:43 )
  Electrosteel Castings reports net loss of Rs 17.33 crore in the June 2012 quarter
 ( Results - Announcements 14-Aug-12   17:01 )
  Electrosteel Castings announces resignation of director
 ( Corporate News - 04-May-15   20:19 )
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