SREI Infrastructure Finance obtained a stay order from the Kolkata High Court against a rating downgrade by credit rating agency Fitch.
The case being sub judice, Sunil Kanoria, vice chairman of SREI Infrastructure Finance Limited refused to comment on the issue. But he mentioned that the company had differences with Fitch since last year hence it wanted to exit its arrangement with them. Going ahead, the company is taking a cautious approach.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
