This is to inform you that M/s Infomerics Valuation and Rating Pvt Ltd. have been assigned credit ratings for Bank Loan Facilities of Rs. 584.57 Crore of Salasar Techno Engineering Limited. The rating have been assigned "IVR A/Stable" for Long Term Borrowing and "IVR A1" for Short Term Borrowing.
This credit rating has considered factors such as experience of promoters with comfortable debt protection metrics, renowned customers and healthy order book position of the Company.
Kindly take the same on record.
Thanking you,
Yours faithfully,
For Salasar Techno Engineering Limited
RAHUL RASTOGi
Digitally signed by RAHUL RASTOGi Date: 2022.08.06 13:03:29 +05'30'
Rahul Rastogi
Company Secretary
CIN No. - L23201DL2001PLC174076
Unit 1- Khasra 265, 281-283,Parsaun-Dasna, Jindal Nagar, Distt. Hapur-201313
Unit 3- Khasra 686/6, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur-245304
Office- KL-46, Kavi Nagar, Ghaziabad-201002
Regd. Office- E-20, South Extension 1, New Delhi-110049
towers@salasartechno.com
marketing@salasartechno.com
www.salasartechno.com
Attachments
Original Link
Original Document
Permalink
Disclaimer
Salasar Techno Engineering Ltd. published this content on 06 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 August 2022 08:23:08 UTC.
Salasar Techno Engineering Limited is an India-based provider of customized steel fabrication and infrastructure solutions. The Company provides 360-degree solutions by carrying out engineering, designing, fabrication, galvanization and deployment. Its segments include Steel Structures and Engineering, Procurement and Construction (EPC) Projects. The Company is engaged in the business of manufacturing and sale of galvanized and non-galvanized steel structures, including telecom towers, transmission line towers, railway electrification (overhead equipment), solar panels and prefabricated steel structures, such as bridges and heavy steel structures, among others. Its services include providing complete engineering, procurement and control for projects, such as rural electrification, power transmission lines and solar power plants. It operates three manufacturing facilities that are located in Uttar Pradesh, having a total manufacturing capacity of over 2,11,000 million tons per annum.