(ADPnews) - Feb 24, 2011 - ICRA assigned yesterday a LBBB- rating to the fund based limits of Valson Industries Ltd (BOM:530459), while rating the non-fund based limits of the company at A3.
The agency issued the following press release:
Rating History
Instrument Amount Amount Outstanding Rating
In Crore In Crore As on February 2011
Fund-based limits 13.39 N.A LBBB-
Non-fund-based limits 1.00 N.A A3
ICRA has assigned an LBBB- (pronounced as L triple B minus) rating to the Rs. 13.39 Crore1 fund-based limits and A3 (pronounced as A three) rating to the Rs. 1.00 Crore1 non fund based bank facilities of Valson Industries …
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