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CRISIL reaffirms ratings of Zen Technologies’ bank facilities

07 Jul 2014 Evaluate

Credit rating agency, CRISIL has reaffirmed ‘BB+/Stable’ rating to long term bank facilities of Zen Technologies. The rating agency has also reaffirmed ‘A4+’ rating for the company’s short term bank facilities.

The ratings on the bank facilities of the company continues to reflect the group’s established presence in the defence training simulators industry supported by its managements’ extensive industry experience and established relations with customers.

Zen Technologies, over the years, has developed expertise in designing, developing and manufacturing various types of simulators. The products developed in-house not only meet all qualitative standards but also are cost-effective. Zen has an ISO 9001:2008 (QMS), ISO 27001:2005 (ISMS) Certification and is a CMMI Level 3 company.

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