Credit rating agency, ICRA has reaffirmed the rating of Line of Credit (LOC) of Remsons Industries worth Rs 22.20 crore. The rating agency has reaffirmed Long Term Rating of the company at ‘BB+’ with negative outlook and Short Term Rating at ‘A4+’.
Remsons Industries is engaged in the manufacture of cables, flexible shafts, gear shift systems, push pull cables and park brake mechanisms.