Credit rating agency, CARE has revised rating of Simplex Infrastructures’ outstanding non-convertible debenture issue of Rs 200 crore from ‘AA’ to ‘AA-’. Recently the company’s promoter group firm, RBS Credit and Financial Development, had acquired additional 0.15% stake in the company. RBS Credit and Financial Development had bought 75,000 shares.
Simplex Infrastructure enjoys a rich record of industry presence and experience, vital in the business of infrastructure development. The company has seven business segments namely, Ground Engineering, Industrial, Building & Housing, Power, Marine, Roads, Railways & Bridges, and Urban infra.
