Wonder Electricals Ltd. secures credit ratings from CARE Ratings for Rs 72.20 crore in facilities
Wonder Electricals Ltd announced credit rating updates for its various facilities and instruments, as detailed in a filing compliant with SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. CARE Ratings Limited has assigned ratings of CARE BBB; Stable to the LT-Term Loan facility of Rs 14.20 crore and to the LT/ST facility of Rs 58.00 crore, along with a CARE A3+ rating for the short-term debt; the total rated amount is Rs 72.20 crore. The Rating Rationale is available on the website of CRISIL, and no enhancements, assignments, or withdrawals were indicated by either rating agency.