Ratnaveer Precision Engineering Ltd

📈 Ratnaveer Precision Engineering Credit Rating Upgraded to IVR A-/Stable

- Long-term bank facilities rating upgraded from IVR BBB+/Positive to IVR A-/Stable.

- Short-term bank facilities rating upgraded from IVR A2 to IVR A2+.

- Total bank loan facilities increased from ₹295.78 Crore to ₹388.47 Crore.

- Rating revision based on operational and financial performance for FY 2025 and 9MFY26.

- Upgraded ratings valid until April 22, 2027, subject to annual review.

- Ratings involve multiple banks including Bandhan Bank, UCO Bank, Yes Bank, Axis Bank, IDBI, South Indian Bank, Bajaj Finance, and Bank of Baroda.