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Gujarat Mineral Development Corporation Ltd. announced reaffirmations from both CARE EDGE Ratings and CARE Ratings Limited regarding its various bank facilities, with CARE EDGE Ratings reaffirming Long Term / Short Term Bank Facilities at CARE AA+; Stable / CARE A1+ and Short Term Bank Facilities at CARE A1+, both previously rated and reduced from 3,995.00 to 3,975.00 for the former and enhanced from 5.00 to 25.00 for the latter; CARE Ratings Limited mirrored these reaffirmations, while also noting that ratings are subject to periodic review/surveillance and that one set of Bank Facilities is currently under review with an ISSUER NOT COOPERATING designation, alongside bank overdraft facilities of 20.00 from ICICI Bank Ltd., 5.00 from IndusInd Bank Ltd., bank guarantees of 1,280.00 from ICICI Bank Ltd., 625.00 from Axis Bank Ltd., 495.00 from IndusInd Bank Ltd., and a proposed bank guarantee of 1,575.00, with the ratings reflecting opinions as on the date of the rating.