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Ind-Ra assigns credit rating to Navkar Corporation’s bank facilities

15 Mar 2019 Evaluate

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.

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