Vaibhav Global Limited — Credit Ratings, 26-10-2024: Credit Rating

Vaibhav Global Limited announced that ICRA Limited has reaffirmed its credit rating for bank facilities amounting to Rs. 110 crore. The long-term fund-based limits of Rs. 105 crore received a rating of [ICRA]A with the outlook revised to Positive from Stable. Short-term non-fund based limits of Rs. 5 crore maintained a rating of [ICRA]A1. This indicates the company’s stable financial position and improved outlook in the near term.