Saralnama18K, 20K, and 22K CZ gold jewellery maker Utssav CZ Gold Jewels Limited received new credit ratings from Care Edge Ratings. The Mumbai-based company got ratings for its bank facilities. Care Edge considered the promoter's experience, strong capital structure, and growing operations. The ratings show Utssav's financial discipline and business stability. They replaced earlier ratings by Infomerics Ratings. Utssav's Managing Director, Pankajkumar Jagawat, said the ratings reflect their strong fundamentals. He added that it boosts confidence of banking partners and investors. (Updated 10 Oct 2025, 15:13 IST; source: link)
Key Points
- 18K, 20K, and 22K CZ gold jewellery maker Utssav CZ Gold Jewels Limited received new credit ratings from Care Edge Ratings
- The Mumbai-based company got ratings for its bank facilities
- Care Edge considered the promoter's experience, strong capital structure, and growing operations