CARE reaffirms rating of Shristi Infrastructure Development Corporation’s bank facilities

23 Nov 2012

Credit rating agency, CARE has reaffirmed BBB rating to Shristi Infrastructure Development Corporation’s long term bank facilities worth Rs 50.00 crore (same as last year). The rating agency has also reaffirmed BBB/A3 rating to the company’s long-term / short term bank facilities worth Rs 20.00 crore (same as last year).

The company has received the said ratings on the back of its experienced promoters, satisfactory order book position, experienced personnel and moderate financials.

Shristi Infrastructure Development Corporation is one of the leading Construction and Infrastructure Development Companies in India. It started their commercial operations in 1999 and is now a Pan-India company in the fields of Infrastructure Construction, Infrastructure Development and infrastructure Consultancy.

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