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Kalpataru’s Subsidiary Secures Stable Credit Rating from ICRA

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Kalpataru’s Subsidiary Secures Stable Credit Rating from ICRA

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Kalpataru Ltd. ( (IN:KALPATARU) ) has shared an announcement.

Kalpataru Limited announced that its subsidiary, Kalpataru Properties Private Limited, has received a credit rating of [ICRA]BBB- (Stable) from ICRA Limited for a long-term fund-based term loan of Rs. 230.56 crores from HDFC Bank. This rating reflects the company’s stable financial outlook and could influence its borrowing capabilities and stakeholder confidence in the company’s financial health.

More about Kalpataru Ltd.

Kalpataru Limited operates in the real estate industry, focusing on property development and construction. The company is known for its residential and commercial projects, primarily targeting urban markets in India.

Average Trading Volume: 48,856

See more data about KALPATARU stock on TipRanks’ Stock Analysis page.

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