Credit rating agency CRISIL has revised ratings assigned to the bank facilities of Centum Electronics. The ratings agency has downgraded Long Term Rating from ‘BBB+/ Negative’ to ‘BBB-/Stable’ and Short Term Rating from ‘A2’ to ‘A3’.
Centum Electronics is basically engaged in designing and manufacturing of advanced electronics systems, subsystems, and components. These products cater to various segments such as communications, military, space, automotive and industrial electronics.