Assigned 'SMERA SME 1' Performance & Credit Rating, Highest Grade for SMEs
The company has been assigned the SMERA Performance & Credit Rating "SMERA SME 1" by SME Rating Agency of India (SMERA).
- Rating Assigned
- SMERA SME 1
- Rating Agency
- SME Rating Agency of India (SMERA)
- Rating Grade Significance
- Highest credit worthiness in relation to other SMEs
What was announced
The company disclosed that it has been assigned the SMERA Performance & Credit Rating "SMERA SME 1" by SME Rating Agency of India (SMERA).
What the rating means
- The rating indicates highest credit worthiness in relation to other SMEs.
- Performance and credit ratings of this kind are commonly used by lenders, customers and business partners to assess a small or medium enterprise.
How investors may read it
A top-grade SME rating is generally seen as a positive signal on the company's credit standing among peer SMEs. The disclosure is being made available on the company's website as well.
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