Credit rating agency, CRISIL has downgraded the rating assigned to Parsvnath Developers’ wholly owned subsidiary -- Parsvnath Landmark Developers’ Non-Convertible Debentures (NCDs) worth Rs 200 crore from ‘BB-’ to ‘B+/Stable’.
Parsvnath Developers has diversified portfolio, which includes, integrated townships, group housing, commercial complexes, hotels, IT parks, among others.