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G R Infraprojects has received upgrade in credit ratings from CARE as under:
Long term bank facilities (Rs 450 crore) - CARE AA+; Stable (Revised from CARE AA; Stable)
Long term / Short term bank facilities (Rs 4,500 crore) - CARE AA+; Stable / CARE A1+ (Revised from CARE AA; Stable /CARE A1+)
Short term bank facilities (Rs 400 crore)- CARE A1+ (Reaffirmed)
Non convertible debentures (Rs 150 crore)- CARE AA+; Stable (Revised from CARE AA; Stable)
Non convertible debentures (Rs 99 crore) - CARE AA+; Stable (Revised from CARE AA; Stable)
Non convertible debentures (Rs 40 crore) - CARE AA+; Stable (Revised from CARE AA; Stable)
Commercial paper (Carved out) (Rs 100 crore) - CARE A1+ (Reaffirmed)
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