SUBROS : ICRA REAFFIRMS AA (STABLE)/A1+ RATINGS

• ICRA reaffirmed long-term rating [ICRA]AA (Stable) and short-term rating [ICRA]A1+ on Subros bank facilities • Long-term fund based term loan rating assigned for enhanced amount, raised to ₹140 Cr from ₹40 Cr earlier • Total bank facilities rated increased to ₹370 Cr from ₹305 Cr • Short-term non-fund based facilities of ₹50 Cr reaffirmed at [ICRA]A1+ • Fund based cash credit of ₹80 Cr and fund/non-fund based limits of ₹100 Cr reaffirmed at [ICRA]AA (Stable)/[ICRA]A1+

Subros Limited

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