CPPLUSNSEAditya Infotech LimitedMediumNeutral
Announced Thu, 30 Apr · 18:23 IST

Aditya Infotech Limited has informed the Exchange about Credit Rating

New Credit FacilityCredit & Debt View source PDF

CPPLUS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+5.9%1-day move
₹2325.00
prior close
₹2360.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3+1.1+1.7+0.6+5.9+7.1+6.0+7.5+8.2+7.0+9.7+52.2+54.1
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AI summary

Aditya Infotech Limited's wholly-owned subsidiary, AIL Dixon Technologies Private Limited, has received credit ratings from CRISIL Ratings Limited. The ratings cover Rs. 325 crore in bank loan facilities. CRISIL assigned a Long-Term Rating of 'Crisil A/Stable' and a Short-Term Rating of 'Crisil A1'. The 'A' rating indicates adequate safety for long-term debt, while 'A1' is the highest rating for short-term obligations, signifying very strong safety. This appears to be an initial rating assignment for the subsidiary's credit facilities.

Likely market impact

The investment-grade ratings with stable outlook reflect positively on the creditworthiness of the subsidiary, which could improve borrowing terms and investor confidence in Aditya Infotech's financial health.