Hot Pursuit News Details

Dynamatic Technologies' bank loan facilities received ratings from India Ratings and Research, totaling 7,041

(15-Oct-26   18:11)

Dynamatic Technologies Ltd announced credit rating actions from India Ratings and Research (Ind-Ra) concerning its various bank loan facilities, including assignments of IND A/Stable/IND A1 to bank loan facilities totaling 1,225 and affirmations of IND A/Stable/IND A1 to bank loan facilities amounting to 4,511, alongside an affirmation of IND A for bank loan facilities; additionally, Ind-Ra assigned an IND BBB+ rating to a Long Term Bank Loan reflecting an established market position, while also noting a "Credible" rating based on limited information and requiring further details, and further rating actions included assignments of IND A/Stable to Term Loans of 905.00 and 911.00, with lenders including RBI, ICICI Bank, EXIM Bank, and assignments of IND A/Stable/IND A1 to Fund Based Working Capital Limits of 700.00 and 500.00, with lenders including RBI, Axis Bank Limited, and IndusInd Bank Limited, along with IND A/Stable/IND A1 ratings to Fund/Non-Fund Based Working Capital Limits of 700.00 and 600.00, and IND A/Stable ratings to Term Loans of 420.00 and 750.00, and IND A/Stable/IND A1 to a Non-Fund Based Working Capital Limit of 250.00, all with respective lenders including Axis Finance Limited, Federal Bank, and IndusInd Bank Limited, with no rating information provided by India Ratings or India Ratings & Research Pvt. Ltd. beyond the aforementioned actions.