Dpsc Credit Rating
Infomerics Ratings downgraded India Power Corporation's credit rating to 'IVR D' for Rs.50.74 Crore bank facilities. The downgrade follows the commencement of CIRP proceedings.
- Value
- ₹50.74 Cr
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Infomerics Ratings downgraded India Power Corporation's credit rating to 'IVR D' for Rs.50.74 Crore bank facilities. The downgrade follows the commencement of CIRP proceedings.
Infomerics Ratings has downgraded the bank facilities rating of India Power Corporation Limited (formerly DPSC Ltd). The total loan facilities amount to ₹50.74 Crore.
Brickwork Ratings downgraded India Power Corporation's bank facilities to 'BWR D' following defaults on interest payments. The company is currently under Corporate Insolvency Resolution Process.
Infomerics downgraded India Power Corporation Limited's long-term rating to IVR B- following NCLT insolvency admission. The downgrade affects bank facilities totaling ₹50.74 Crore.
Brickwork Ratings downgraded India Power Corporation's ratings for ₹106.98 Crore bank facilities to BWR BB/A4. The action follows the company's admission into Corporate Insolvency Resolution Process.