Credit rating agency, CRISIL has reaffirmed the rating of ‘A/Stable’ for the Long Term borrowings and ‘P1’ for short term borrowings of Automotive Stampings and Assemblies.
Automotive Stampings and Assemblies (ASAL) is one of the largest manufacturers of sheet metal components and assemblies for the automotive industry. The company’s current product offerings includes skin parts of car, body in white components, under body members, fuel tanks, chassis and suspension parts, wheel housing and oil sumps.
