Bharat Forge Ltd. secures reaffirmations and an assignment of credit ratings from ICRA

Bharat Forge Ltd announced reaffirmations and one assignment of credit ratings from ICRA, specifically reaffirming its ratings for Long-term/Short-term - Unallocated limits [ICRA]AA+(Stable)/ [ICRA]A1+, Short-term - Non-fund based – Others [ICRA]A1+, Long-term - Fund-based - Cash credit [ICRA]AA+(Stable), Long-term/Short-term - Fund-based - Term Loan [ICRA]AA+(Stable)/ [ICRA]A1+, Long-term/Short-term - Fund-based - Term Loan [ICRA]AA+(Stable)/ [ICRA]A1+ (assigned), Long-term - Issuer rating [ICRA]AA+(Stable), and Bonds/NCD/LTD [ICRA]AA+(Stable); no withdrawals were indicated.