Monday, March 5, 2012

CARE rates Paschal Form Work (India) Pvt Ltd's long-term debt at BBB.

(ADPnews) - Jun 10, 2010 - Indian rating service CARE said yesterday it has assigned its BBB rating to the long-term bank facilities of Paschal Form Work (India) Pvt Ltd.

The company is engaged in modular shuttering formwork projects and is majority owned by PASCHAL Werk G.Maier GmbH-Germany.

The rating factors in the experience and support from the promoters, seasoned management, substantial completion of the ongoing project till December 2009 and good …

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