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.
