CRISIL updates on ratings of Tribhovandas Bhimji Zaveri Limited
Posted On: 2020-12-15 01:29:53 (Time Zone: Arizona, USA)
CRISIL has reviewed ratings on the bank facilities of Rs. 625 Crores and has withdrawn its ratings on bank facilities of Rs. 110 Crores of Tribhovandas Bhimji Zaveri Limited. This is based on the advice received by them from the Company. The Company has decided to reduce its bank facilities by Rs 110 crores, from Rs 735 crores to Rs 625 crores and has advised CRISIL about this reduction.
- Total Bank Loan Facilities Rated - Rs. 625 Crores
- Long-Term Rating CRISIL BBB+ / Stable (Reaffirmed)
- Total Bank Loan Facilities Rated - Rs. 110 Crores