Saksoft Ltd announced a revision and upgrade to its credit ratings for bank facilities, as communicated by M/s. Care Ratings Limited, a credit rating agency registered with the Securities and Exchange Board of India. Specifically, the Long Term Bank Facilities, amounting to Rs 40.00 (enhanced from Rs 12.00), have been upgraded from CARE A; Stable to CARE A+; Stable, while the Short Term Bank Facilities, amounting to Rs 3.00, have been reaffirmed as CARE A1; no other rating agencies or instruments are mentioned in the communication.
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