The excellent performance and prudent management of DIRK India was awarded with the A3+ rating in December 2010. The rating - important for investors - and corporate finance provides a good base for the expansion program DIRK India embarked upon. The company is also expecting to see shortly the result of the now four year long arbitration proceedings to sort out the contractual relationship between the erstwhile Maharashtra State Electricity Board and DIRK India. The company is hoping to achieve by this finally full use of its recycling capacity in Nashik to fulfill the ever increasing demand of a flourishing construction industry.
ICRA the Moody associated rating agency rated DIRK India as A3+
December 24, 2010