Anant Raj Ltd.

BSE: 515055 | NSE: ANANTRAJ
Small Cap | Construction - Real Estate
551.20
19.60 (3.69%)
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CARE reaffirms rating assigned to bank facilities of Anant Raj

Date: 17-01-2015

Credit rating agency, Credit Analysis & Research (CARE) has reaffirmed the credit ratings of Anant Raj as ‘BBB+’ for the long term bank facilities of Rs 951.32 crore and outstanding Non Convertible Debentures (NCDs) issue of Rs 150 crore, which had been issued by the company on private placement basis.

Anant Raj is armed with one of the largest land banks in the region and is in the process of building an array of Special Economic Zones (SEZs), IT Parks, Hotels, Commercial Complexes, Malls, Residential / Service Apartment and other infrastructure projects.