Centum Electronics Limited has informed the Exchange about Credit Rating

CRISIL has revised Centum Electronics Limited's outlook to 'Positive' from 'Stable' while reaffirming the Long Term Rating at CRISIL BBB. The Short Term Rating was also reaffirmed at CRISIL A3+. The total bank loan facilities rated stand at Rs. 399.7 crore, covering various facilities including cash credit, export packing credit, fund-based facilities, non-fund based limits, and term loans with banks like State Bank of India, HDFC Bank, and Kotak Mahindra Bank. The outlook revision from Stable to Positive indicates CRISIL sees improving credit conditions for the company.