Credit rating agency, India Ratings & Research (a Fitch Group company), has upgraded the ratings assigned to bank facilities of Nila Infrastructures.
The credit rating agency has upgraded the Bank Loan Ratings for the Fund Based Limits amounting to Rs 38.48 crore to ‘BBB’ with stable outlook and Non Fund Based Limits amounting to Rs 17.42 crore to ‘BBB’ and ‘A3+’ with stable outlook.
Nila Infrastructures is involved in the construction of luxurious bungalows, commercial and residential buildings, infrastructure projects such as industrial estates including roads, plots, sheds, lighting, etc.
