India Ratings & Research assigns ‘BBB-’ ratings to Nila Infrastructures’ Fund Based Facilities

24 Apr 2013

Credit rating agency, India Ratings & Research, has assigned ‘BBB-’ rating to Nila Infrastructures’ Fund Based Facilities worth Rs 41.95 crore. The rating agency has also assigned ‘BBB-/A3’ rating to the company’s Non Fund Based Facilities worth Rs 5.75 crore.

Nila Infrastructure is in business of construction activities. The company is involved in the construction of luxurious bungalows, commercial and residential buildings, infrastructure projects such as industrial estates including roads, plots, sheds, lighting, etc.

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SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719