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Sadbhav Infrastructure Project informs about reaffirmation of credit rating

12 Feb 2016 Evaluate

Sadbhav Infrastructure Project has informed that rating agency Credit Analysis & Research Ltd. (CARE) has reaffirmed the rating of CARE A + (SO) [Single A Plus (Structured Obligation)] to the NCDs of the Company. Instruments with this rating are considered to have adequate degree of safety about timely servicing of financial obligations. Such instruments carry low credit risk.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Larsen & Toubro 3860.00
Kalpataru Projects 1447.10
NCC 137.00
Rail Vikas Nigam 210.30
KEC International 402.50
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