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Gallant Ispat gets rating upgrade from Brickwork Ratings for its Fund based facility of INR 90 crores

Brickwork Ratings upgrades the ratings and places it under Watch with Developing implications for th

Brickwork Ratings upgrades the ratings and places it under Watch with Developing implications for the Bank Loan Facilities of Rs.154 Crs of Gallant Ispat Ltd.

  • Facility: Fund based
  • Amount: INR 90 Cr
  • Tenure: Long term
  • Previous Rating: BWR BBB+; Stable
  • New Rating: BWR A-; Under watch with developing implications
  • Facility: Non-Fund based
  • Amount: INR 64 Cr
  • Tenure: Short term
  • Previous Rating: BWR A2
  • New Rating: BWR A2+
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