Credit rating agency, CRISIL has reaffirmed its ratings assigned to bank facilities of Praj Industries. The Cash Credit and Letter of Credit & Bank Guarantee have been reaffirmed ‘AA/Stable’ and ‘A1+’ rating respectively while the Proposed Long term bank loan facility has been reaffirmed at ‘AA/Stable’.
Praj Industries is a Process Engineering and Technology Company offering innovative end-to-end solutions for biofuels, brewery, industrial processes and water and wastewater treatment systems.