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CARE Ratings reaffirmed credit ratings for Lokesh Machines Ltd's Rs. 204.48 crore in borrowing facilities
09-Sep-2026, 07:39
Lokesh Machines Ltd announced that CARE Ratings Ltd has reaffirmed credit ratings for the company's outstanding borrowing facilities. Specifically, the long-term bank facilities amounting to Rs. 159.98 crore have been reaffirmed at CARE BBB-; Stable, while the short-term bank facilities amounting to Rs. 44.50 crore have been reaffirmed at CARE A3; there were no enhancements, assignments, or withdrawals associated with these ratings, and the reaffirmation occurred on September 09, 2026.