Equity

Bajaj Steel Industries Ltd announced that CRISIL has reaffirmed its ratings on the company's bank loan facilities amounting to 194 Crore, with a long-term rating of CRISIL A/Stable and a short-term rating of CRISIL A1; additionally, CRISIL reaffirmed the rating of CRISIL A1 on the bank guarantee of 100, the rating of CRISIL A/Stable on the cash credit facility of 30, the rating of CRISIL A/Stable on the long term loan of 15, the rating of CRISIL A/Stable on the long term loan of 10, and the rating of CRISIL A1 on the non-fund based limit of 39, with no rating actions, enhancements, assignments, or withdrawals noted by any other rating agencies.