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As on : 26-Aug-2026
Hot Pursuit
26-Aug-2026     20:19

Vishnu Prakash R Punglia receives ratings of Rs. 960 crore from Infomerics Valuation and Rating Ltd

Vishnu Prakash R Punglia Ltd announced that Infomerics Valuation and Rating Ltd has assigned ratings of IVR BB+/Stable for Bank Loan Facilities aggregating to Rs. 960.00 Crore and IVR A4+ for Bank Loan Facilities also aggregating to Rs. 960.00 Crore, both representing long term and short term ratings respectively; concurrently, CARE Ratings Limited has migrated Fund based facilities of Rs. 200.00 to the Issuer Not Cooperating category, previously rated IVR BB+/Stable, and has assigned IVR A4+ to Non-Fund based facilities of Rs. 760.00, Overdraft facilities of Rs. 100.00, Rs. 70.00, Rs. 5.00, Rs. 15.00, Rs. 10.00, Bank Guarantee facilities of Rs. 275.00, Rs. 285.00, Rs. 75.00, Rs. 85.00, and Rs. 40.00, all rated IVR A4+.

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