BEML receives revision in credit ratings from CARE

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+).

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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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