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ICRA revises rating of Easun Reyrolle’s Term loans

12 Sep 2012 Evaluate

Credit rating agency, (ICRA) has revised rating of Easun Reyrolle’s Term loans of Rs. 90.00 crore to BB- from BBB. The rating agency has revised rating of company’s long term working capital loan worth Rs 84.00 crore to BB- from BBB.  The rating agency has also revised rating of company’s short term working capital loan worth Rs 245.00 crore to A4 from A3+.

Easun Reyrolle is an acknowledged leader in the field of electrical power management. It offers a ‘One Touch Access’ to power system solutions, as a dependable partner to customers, in India & abroad. 

Peers
Company Name CMP
Waaree Energies 2342.90
Apar Industries 17648.65
Havells India 1040.60
Suzlon Energy 38.96
Siemens 3790.00
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