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Universal Cables receives affirmation in credit ratings from CARE
10-Jul-2025, 04:39
Universal Cables announced that CARE Ratings has reaffirmed the rating at 'CARE A; Stable' in respect of Long-Term Bank Facilities for Rs. 1,079.00 crore (Enhanced from Rs. 836.43 crore); 'CARE A; Stable / CARE A1' in respect of Long-Term / Short-Term Bank Facilities for Rs. 16.00 Crores and 'CARE A1' in respect of Short-Term Bank Facilities for Rs. 1,726.00 crore (Enhanced from Rs. 1,400.00 crore).
Universal Cables announced that CARE Ratings has reaffirmed the rating at 'CARE A; Stable' in respect of Long-Term Bank Facilities for Rs. 1,079.00 crore (Enhanced from Rs. 836.43 crore); 'CARE A; Stable / CARE A1' in respect of Long-Term / Short-Term Bank Facilities for Rs. 16.00 Crores and 'CARE A1' in respect of Short-Term Bank Facilities for Rs. 1,726.00 crore (Enhanced from Rs. 1,400.00 crore).
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