B. D. Industries (Pune) Ltd

B. D. Industries (Pune) Ltd

B. D. Industries (Pune) Ltd has informed that Acuité Ratings & Research Limited has downgraded the long-term Bank Loan Rating to 'ACUITE B-' and reaffirmed the short-term Bank Loan Rating at 'ACUITE A4' due to the classification of the Company as an 'Issuer not co-operating'. The bank facilities in respect of which the rating has been assigned were availed from Union Bank of India and have since been fully repaid.

B. D. Industries (Pune) Ltd

B. D. Industries (Pune) Ltd has received a credit rating downgrade from Acuité Ratings & Research Ltd due to the company being classified as an 'Issuer not co-operating'. The downgrade is for facilities that have been fully repaid and discharged, and the company clarifies that it does not reflect the current credit profile.