EMGFExplosive Magnetic Generator of Frequency
EMGFExtracellular Matrix Growth Factor
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CARE is in the process of evaluating the event and will take a view on the rating once the implications of the further developments on the overall credit profile of EMGF are clear.
Going forward, the ability of EMGF to manage its cash flows, infuse funds as required and sustain operations shall be the key rating sensitivities.
During FY10, EMGF recorded a consolidated turnover of Rs.