ICRA has suspended the ‘B’ rating assigned to the Rs 78.0 crore long term fund based facilities of Zenith Computers (ZCL). The suspension follows the credit rating agency’s inability to carry out a rating surveillance in the absence of the requisite information from the company.
Zenith Computers, is engaged in assembling and sales of personal computers (Desktops and Notebooks). ZCL has an assembling facility at Goa with a capacity of about 200,000 units per annum. The company markets its products through a network of nine branches and 450 exclusive and non-exclusive dealers across the country.
