Credit rating agency, India Ratings and Research (Ind-Ra) has assigned credit rating to Navkar Corporation’s bank facilities. The agency has assigned ‘A/Stable’ rating to Term Loan worth Rs 306 crore and ‘A/Stable/A1’ rating to Cash Credit Facilities worth Rs 30 crore.
Navkar Corporation is a holding company. The company is engaged in Container Freight Station (CFS) operations and related activities.