Globe Civil Projects Limited — Credit Ratings, 09-04-2026: Credit Rating- Others

Infomerics Ratings has upgraded and simultaneously withdrawn Globe Civil Projects' long-term bank facilities to IVR BBB+/Stable (from IVR BBB/Positive) and short-term facilities to IVR A2 (from IVR A3+), totaling Rs. 110 Cr. This reflects improved revenue, a robust order book, and a strengthened capital structure post-IPO.