Credit rating agency, CARE has reaffirmed ‘BB-’ rating to Melstar Information Technologies’ long-term bank facilities. The rating agency has also assigned ‘A4’ rating to company’s short-term bank facilities.
Melstar Information Technologies is an application development software services company based in Mumbai. It offers application support services, which include ongoing application maintenance and support, integration, enhancement, support of third party applications, legacy system maintenance and support, management of packaged applications, testing and migration projects.