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Ramkrishna Forgings informs about revised credit ratings

02 Mar 2023 Evaluate

Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, Ramkrishna Forgings has informed that ICRA has revised (upgraded) the ratings of the Company for its Bank facilities aggregating Rs 1530.05 Crore. The rating rationale is enclosed.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Bharat Forge 1735.00
Ramkrishna Forgings 694.25
MM Forgings 630.45
Happy Forgings 1684.30
Balu Forge Inds. 501.55
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