V-Marc India Limited

Instrument Category
Long Term Bank Facilities
as on Dec 19, 2024
Ratings
IVR BBB+ (Upgraded)
Outlook
Stable
Instrument Amount
Rs. 163.07 Cr. (including proposed limit of Rs. 0.86 crore)
Instrument Category
Short Term Bank Facilities
as on Dec 19, 2024
Ratings
IVR A2 (Upgraded)
Outlook
Nil
Instrument Amount
Rs. 68.00 Cr.

Rating Rationale