Press Releases     22-Dec-10
ICRA suspends rating for the bank facilities of CMM Infraprojects Limited

ICRA has suspended LBB- (pronounced L double B minus) rating assigned to the Rs. 25 crores bank facilities of CMM Infraprojects Limited. The suspension follows ICRA's inability to carry out a rating surveillance in the absence of the requisite information from the company.

According to its suspension policy, ICRA may suspend any rating outstanding if in its opinion there is insufficient information to assess such rating during the surveillance exercise. ICRA will withdraw the rating in case it remains under suspension for a period of three years.

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