08-Aug-2026      13:27

Precision Wires India's bank facilities reaffirmed with CARE Ratings assigning ratings totaling Rs 2097.08 crore

Precision Wires India Ltd announced that CARE Ratings Limited has reaffirmed the credit ratings for its bank facilities, assigning a rating of CARE A+; Stable to the Long Term Bank Facilities amounting to Rs 453.08 crore and a rating of Care A1 to the Short Term Bank Facilities amounting to Rs 1644.00 crore; no other rating agencies were mentioned in the release, and this constitutes a reaffirmation and not an enhancement, assignment, or withdrawal.

News source: Capital Market - Live News