New Delhi: State-owned BEML stated in a regulatory filing on Thursday that it has received credit ratings from the Care Edge for three instruments. The filing also stated that the company received "CARE A1+ (A One Plus) rating" for its commercial paper (carved out), amounting to Rs 400 crores.

The company received "CARE A+; Stable/ CARE A1+ (Single A Plus; Outlook: Facilities Stable/A one Plus) rating" for its short-term bank facilities worth Rs 4,000 crores, said the filing.

Apart from this, BEML also received "CARE A+: Stable (Single A 1,500 Facilities Plus; Outlook; Stable) rating" for long term bank facilities worth Rs 1,500 crores.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)