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Precision Wires India's bank facilities reaffirmed with CARE Ratings assigning ratings totaling Rs 2097.08 crore
08-Aug-2026, 01:27
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.
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.