PSU NEWS
BEML receives revision in credit ratings from CARE
BEML Limited, a 'Schedule 'A' Company under Ministry of Defence, Govt. Of India.
State-owned BEML has received revision in credit ratings from CARE Edge as follows-
Long term Bank Facilities (Rs 1500 crore) - CARE AA-;Stable (revised from CARE A+; Stable).
Long term and Short term Bank Facilities (Rs 4,000 crore) - CARE AA-; Stable / CARE A1+ (revised from CARE A+; Stable / CARE A1+).
Read Also : ONGC appoints Arunangshu Sarkar as Director (Strategy and Corporate)BEML Limited, a 'Schedule 'A' Company under Ministry of Defence, Govt. Of India, plays a pivotal role and serves India's core sectors like Defence, Rail, Power, Mining and Infrastructure.
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