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CARE revises A2ZMaintenance & Engineering Services’ ratings of CP issue

30 Aug 2012

Credit rating agency, Credit Analysis & Research (CARE) has revised the credit ratings of A2ZMaintenance & Engineering Services’ outstanding commercial paper (CP) issue of Rs 25.0 crore to A2 from A1.

A2ZMaintenance & Engineering Services engaged in providing services to the power transmission and distribution sector with a focus primarily on the distribution segment. The company is diversifying this business to provide EPC services to power generation companies and companies in other sectors, including road and telecommunications.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323