Tag: downgrade
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Gensol Engineering to cut debt with asset sales amid rating downgrade concerns
Gensol Engineering Ltd (GEL) on Wednesday said proceeds from the series of asset divestments will be used to reduce debt as it looked to...
Gensol Engineering falsified documents on debt servicing, ICRA alleges post downgrade
Ratings agency ICRA has downgraded its rating on Gensol Engineering Ltd. to D, following feedback received from the company's lenders about the ongoing...
